DXY: Hawkish Fed, But Can Bulls Reclaim 102?U.S. Dollar Currency IndexTVC:DXYKwaggaRobertse 📍 Where price is • Long rally, then a pause below 102 • The gap acted as a break-off, not a fill → Price rejected from the FVG above, now resistance → FVG (Fair Value Gap) = a fast move that left price traded on one side only • MSS (Market Structure Shift) at 102.080 • Diagonal confluence (trendline) below 📅 Fundamentals: hawkish hold • The Fed held rates, but 2 members voted for a hike • GDP 3.4%, above the 3.2% expected • PCE 3.6% y/y, inflation still sticky • Next Fed meeting: 8–9 December, the last one this year → Markets price about 85% odds of a hike → The Fed gave no clear signal → A hike would support USD strength 🧭 My POV • Scenario 1: test the diagonal confluence and bounce → A sustained break and hold above 102.080 → Target: the protected high at 102.960 → Higher-timeframe FVG above, loaded with liquidity up to 106 • Scenario 2: a deeper pullback to complete the extended W formation → Into the lower FVG around 100.000 → A reload area for the next leg up ⏳ No invalidation yet • Markets are still digesting the latest Fed, GDP and PCE data • I will wait for price to pick a direction before setting one Kwagga.