US Dollar Index Tests Key Resistance Near 100 as Momentum BuildsU.S. Dollar Currency IndexTVC:DXYFOREXcomThe U.S. Dollar Index (DXY) continues to hover near the psychological 100.00 level after recovering from its October lows. Price is currently consolidating just below the 200-day simple moving average (SMA), which aligns closely with horizontal resistance around 100.30 — a level that has capped rallies several times this year. The 50-day SMA (near 98.65) has begun to slope upward, suggesting short-term momentum remains constructive, though the broader trend still leans cautious below the 200-day SMA. Momentum indicators are showing gradual improvement. The MACD histogram is slightly positive, hinting at renewed bullish pressure, while the RSI holds above 60, reflecting strengthening momentum without yet entering overbought territory. A decisive close above 100.30 could signal a potential shift in medium-term sentiment, whereas rejection from this zone would reinforce the prevailing range between 96.40 and 100.30. Overall, the index shows cautious bullish momentum approaching a major technical test. -MW