DXY Faces Key Resistance – Bearish PullbackU.S. Dollar Currency IndexTVC:DXYPRIMEALPHA-FX The **U.S. Dollar Index (DXY)** remains in a broader uptrend after breaking out of its ascending channel, but price is now struggling beneath a major **resistance zone around 101.55–101.60**. Recent candles show signs of weakening bullish momentum, suggesting buyers are losing control near this supply area. Price is currently trading above the Ichimoku Cloud, indicating that the overall trend is still constructive. However, the repeated rejection from resistance increases the probability of a short-term corrective move before any continuation higher. A sustained move below the current support region could trigger a bearish pullback toward the marked target. ### **Target:** * 🎯 **Bearish Target:** **101.050** ### **Key Levels:** * **Resistance:** **101.550 – 101.600** * **Current Price:** **101.337** * **Support:** **100.400** * **Bearish Target:** **101.050** **Trading Idea:** Watch for confirmation below the near-term support. Failure to reclaim the resistance zone may lead to a decline toward **101.050**, while a strong breakout above **101.600** would invalidate the bearish scenario and signal renewed upside momentum.