DXY Technical AnalysisU.S. Dollar Currency IndexTVC:DXYAvo-TradesDXY Technical Analysis Support Bounce: The price recently bounced perfectly off the confluence of the red ascending trendline and the green descending trendline (marked by the grey arrow). Bullish Momentum: Having reclaimed the green resistance line, the DXY is now trending upward within a clear ascending structure. Target Resistance: The level of 101.46 (yellow horizontal line) is the primary objective. This area represents a major structural resistance and aligns with the next significant peak on the chart. The Outlook As long as the DXY stays above the red support line, the path is clear for a move to 101.46. A break above that yellow line would signal even stronger Dollar strength, which typically puts downward pressure on pairs like EUR/USD and Gold.