DXYUS Dollar IndexCAPITALCOM:DXYPadayacheeMchunuDXY — Update DXY is currently trading around 98.81 and has retraced into the 98.90–99.00 supply/resistance zone. The broader structure remains bearish. Price has recovered from the 98.25–98.60 demand area, but this looks corrective rather than a confirmed trend reversal. My current bias: 🔴 Bearish * Resistance: 98.90–99.00 * Key support: 98.55–98.60 * Downside target: 98.20 first, then 97.65–97.70 A clean rejection from the current resistance zone would strengthen the bearish continuation setup. A sustained break and acceptance above 99.00 would weaken the immediate bearish scenario. Key takeaway: DXY is approaching a decision point. If the rejection plays out, I expect dollar weakness to continue, which would remain supportive for EURUSD and GBPUSD upside. This is a technical market view, not financial advice.