DXY (US Dollar Index) Analysis (1H)

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DXY (US Dollar Index) Analysis (1H)US Dollar IndexCAPITALCOM:DXYGreenfireforex🔴 Bias: Bearish 🔍 Market Structure DXY is facing strong resistance around 100.67. Price has formed a rejection candle, indicating sellers are defending the supply zone. A continuation lower remains likely while price stays below 100.67. 📉 Bearish Scenario ✅ Rejection from 100.67 could trigger the next leg down. 🎯 Targets: TP1: 100.38 TP2: 100.23 TP3: 100.05 ⚠️ Risk Reminder: High-impact U.S. economic news can quickly reverse the Dollar Index. Wait for price confirmation and always use proper risk management.