U.S. Dollar Index 4H — Dollar Holds Above SupportU.S. Dollar Currency IndexTVC:DXYYong726U.S. Dollar Index 4H — Dollar Holds Above Support, Can Bulls Reclaim 101.50? Market View The U.S. Dollar Index is currently trading around the 101.15 area on the 4H chart. After a strong rally from the lower range near 98.00, DXY pushed higher and reached the 101.50–101.80 zone before entering a consolidation phase. The broader structure still looks constructive, but the latest price action shows that momentum has slowed. Instead of continuing sharply higher, the index has been moving sideways between support and resistance. Buyers are still defending pullbacks, but they need to reclaim the upper resistance area to confirm stronger continuation. Right now, DXY is sitting in a key short-term decision zone. If buyers can hold above 100.80–100.50 and push the price back above 101.50, bullish momentum may return. If not, the index may continue to consolidate or move into a deeper pullback. Key Areas From a market structure perspective, the U.S. Dollar Index remains in a bullish broader structure, but the short-term trend is currently consolidating. The previous rally created a clear sequence of higher highs and higher lows, especially after the breakout above the 100.00 psychological level. However, after reaching the 101.50–101.80 area, the price started to lose momentum and entered a sideways range. The first key resistance zone is 101.40–101.60. This is the nearest area buyers need to reclaim to improve short-term momentum. If DXY breaks above this zone, the next resistance area is 101.80–102.00. A stronger bullish continuation would require the price to break above 102.00 and hold above it. If that happens, the next upside zone could be 102.50–103.00. On the downside, the nearest key support zone is 100.80–100.50. This area has been defended recently and remains important for keeping the current bullish structure alive. If price breaks below 100.50, the next support area is 100.00–99.80. A deeper break below this zone could weaken the bullish structure and bring DXY back toward 99.50–99.00. Forward Outlook For the bullish scenario, DXY needs to hold above 100.80–100.50 and break above 101.40–101.60 with confirmation. If buyers manage to do that, the index may retest 101.80–102.00. If momentum continues above 102.00, the next upside target would be 102.50–103.00. A sustained move into that area would confirm that buyers are regaining control and that the broader bullish structure remains strong. For the bearish scenario, if DXY fails to break above 101.40–101.60 and falls below 100.50, short-term selling pressure may increase. In that case, the index could move back toward 100.00–99.80. A clean break below 99.80 would weaken the current structure and may open the door for a deeper correction toward 99.50–99.00. Market Sentiment Market sentiment is currently neutral to cautiously bullish. The broader trend still favors buyers, but DXY needs to break above 101.50 to confirm stronger upside momentum. Until then, the index may continue to move inside a consolidation range. Above 101.60, recovery momentum may improve. Above 102.00, bullish continuation may strengthen. Below 100.50, short-term correction risk may increase. Please share your view below: Will the U.S. Dollar Index break above 101.60 and continue toward 102.00–103.00? Or will sellers defend the resistance zone and push DXY back toward 100.00?