DXY Tests Fresh Lows – Can Sellers Extend the Downtrend?

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DXY Tests Fresh Lows – Can Sellers Extend the Downtrend?U.S. Dollar Currency IndexTVC:DXYYong726Market Structure The 4-hour trend remains bearish. Lower highs and lower lows continue to define the current market structure, confirming that sellers remain firmly in control. Key Resistance First Resistance: 99.80–100.00 This is the nearest resistance zone where recent rebounds have repeatedly stalled. Second Resistance: 100.20–100.40 A sustained move above this area would be the first sign that downside momentum is beginning to weaken. Key Support First Support: 99.35–99.45 Price is currently testing this support zone. A breakdown here could accelerate bearish momentum. Second Support: 99.00–99.15 If selling pressure continues, this becomes the next downside objective. Market Sentiment Market sentiment remains bearish. The repeated rejection from resistance and the ongoing sequence of lower highs suggest that sellers continue to control the market. While short-term rebounds remain possible, the broader bias stays negative until price reclaims key resistance. Please share your view below: Will the Dollar Index find support around current levels and stage a recovery? Or will sellers push DXY to fresh lows? More market structure and key level updates will be shared regularly.