DXY – Can the Dollar Build a Recovery From Here?U.S. Dollar Currency IndexTVC:DXYYong726Market Sentiment Moderately Bearish: Although downside momentum has slowed, the overall market sentiment remains bearish until the index reclaims key resistance levels. ──────────────────── Market Outlook The recent consolidation appears to be a pause after a sharp decline rather than a confirmed trend reversal. The market is now waiting for fresh directional momentum. As long as the bearish market structure remains intact, any recovery may initially be viewed as a corrective bounce rather than the start of a sustained uptrend. ──────────────────── Key Levels First Resistance 99.20 Second Resistance 99.60 First Support 98.70 Second Support 98.40 ──────────────────── Future Scenarios A successful move above the first resistance would be the first indication that buyers are regaining confidence and could shift attention toward the second resistance. On the other hand, a break below the first support would reinforce the current bearish structure and increase the probability of another leg lower toward the second support. ──────────────────── Please share your view below: Do you think the Dollar Index is building a base for a recovery, or will the broader downtrend continue with another bearish breakout? More market structure and key level updates will be shared regularly.