Dollar Index: Bullish Structure + Fed Expectations AligningU.S. Dollar Currency IndexTVC:DXYpriceactionkidDXY remains inside a well-defined ascending channel and is currently building structure above mid-channel support. With the Dec 10 Fed meeting approaching, the macro narrative may soon favor additional USD strength. According to CME FedWatch, markets are pricing: 55.6% probability the Fed holds rates 44.4% probability of a cut A hold keeps U.S. yields supported and has historically provided short-term upside pressure on the Dollar Index. Technical Outlook Price is respecting the ascending channel Current pullback sits on a key demand zone + channel support Higher-timeframe supply is above, but continuation structure is intact The October rate cut reaction formed a clean bullish trend leg — this could be the next impulsive wave My Bias I’m anticipating USD strength into — and potentially after — the December Fed meeting, especially if the Fed reiterates cautious, data-dependent language rather than confirming more cuts. Bullish Thesis: A Fed hold + risk-off repricing → upside continuation on DXY Key Levels to Watch: 🔼 100.80 🔼 101.50 (major supply break target) 🔼 102.20+ if momentum accelerates Invalidation: A clean break below channel support + demand zone.