US DOLLAR BREAKS ABOVE RESISTANCE 98.99 BOTTOM CONFIRMED!

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US DOLLAR BREAKS ABOVE RESISTANCE 98.99 BOTTOM CONFIRMED!US Dollar Index® Futures (Sep 2025)ICEUS_DLY:DXU2025TradeTheIndex Hey Traders so today looking at the US Dollar and as of today there is now a 123 bottom on the charts that has been confirmed by breaking above the 2 point. Sees like fundamentally the US Dollar has now become bullish so with this breakout now confirmed does this mean we are in the beginning of Bull Market for the USD? Well no one knows for sure but without any interest rate cuts and lots of tarriffs coming through it seems to be that way. Only time will tell of course if this becomes a new uptrend in USD so now we have a breakout whats next? The way you trade the 123 bottom is wait for the market to break above the 2 point. Then alot of times there will be a retest of that zone at 98.89 Watch for the retest then consider selling Euro, Pound, Cad, Australian, Gold, Commodities etc... Against the USD. If you however you are bearish USD I would wait until market has daily close under 3 point that way you know for sure market has turned. I will now start to include COT Report in my Analysis so we can see institutional positioning. Currently Large Specs are Short the USD. Good Luck & Always use Risk Management! (Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.) Hope This Helps Your Trading 😃 Clifford