DXY: Bullish Breakout Fails, EMA-200 Now CriticalU.S. Dollar Currency IndexTVC:DXYJustTechnicalsTaking lead from our previous analysis, DXY did not behave as expected. The Dollar Index failed to break above the **101.7 resistance** and instead showed a sharp decline. This weakens the earlier bullish breakout view and gives temporary relief to risk-on assets. ## Market Structure DXY is now testing the Daily EMA-200, which is a major support/resistance level whenever price approaches it. The reaction from this zone will be very important. ## Key Level **Major Support:** Daily EMA-200 **Resistance:** 101.7 A daily close below EMA-200 would open further downside for DXY and may strengthen risk-on assets. ## Market Impact Weak DXY may support: • Crypto • Equities • Emerging markets • Weak currencies against USD • Gold/XAUUSD, due to USD weakness ## Stance ➡️ DXY Failed At 101.7 ➡️ Bullish Breakout Attempt Weakened ➡️ Sharp Decline Seen ➡️ EMA-200 Now Critical Support ➡️ Daily Close Below EMA-200 May Open More Downside ➡️ Weak USD May Support Risk-On Assets Price tells the story. For short updates: X @JustTechnicals_