DXY: Transitioning from Accumulation to Potential Markup

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DXY: Transitioning from Accumulation to Potential MarkupU.S. Dollar Currency IndexTVC:DXYibraheeemzTechnical Analysis & Key Structure 🛑 Markdown Phase Complete: Dollar has been on a nosedive rally after hitting 110 in January 2025. After exactly one year, it did hit the lowest level since the fall, at 95.5. Afterwards, the downward momentum seems to have been exhausted, ending the lower-low structure and establishing a firm market floor. 🔄 Rounding Base / Accumulation Structure: Multi-month bottoming formation signals a structural pivot from aggressive selling to net accumulation. 📐 Falling Wedge Breakout: Price contracted within a falling wedge during the handle build-out and has broken out upward, confirming a bullish structural reversal. ⚠️ Immediate Resistance (100.05 - 100.10): Requires a decisive daily close above 100.057 to unlock immediate short-term momentum. Key Technical Levels 🎯 Primary Breakout / Neckline Zone: 101.9 - 102 🚧 Immediate Resistance: 100.057 🛡️ Primary Support Area: 98.50 Trade Outlook A daily close above the 101.9 - 102 neckline validates the Rounding Bottom / Cup & Handle completion. This structural breakout transitions DXY from Accumulation into a long-term Markup Phase, opening primary macro targets toward 104.5 and 107.5