DXYUS Dollar IndexCAPITALCOM:DXYPadayacheeMchunu📊 DXY (US Dollar Index) Analysis | H4 The Dollar Index remains in a corrective phase after completing a strong impulsive bullish move. Price is currently trading within a consolidation range, showing signs of weakening bullish momentum. 🔹 Market Structure Although the higher-timeframe trend remains bullish, recent price action has produced multiple **Change of Character (CHoCH)** signals, indicating that buyers are gradually losing control. 🔹 Current Outlook Price is approaching a key supply and mitigation zone. Unless bulls can reclaim and hold above this area, the probability favors a continuation lower. 🔹 Bearish Scenario A rejection from the current resistance could trigger a move into the nearby demand zone before extending toward the major higher-timeframe demand around **99.20**, where significant liquidity is likely resting. 🔹 Key Levels 📍 Resistance: 100.90 – 101.10 📍 Immediate Support: 100.35 – 100.45 📍 Major Target: 99.20 ⚠️ *This analysis reflects my personal market outlook based on price action, market structure, liquidity, and Smart Money Concepts (SMC). It is for educational purposes only and not financial advice.*