DXY ANALYSIS

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DXY ANALYSISU.S. Dollar Currency IndexTVC:DXYmanofflekopa### DXY Market Direction Analysis The **U.S. Dollar Index (DXY) on the 4H chart** is currently showing a clear **short-term bearish structure**, with price moving down from the **101.55 strong-high area** and creating lower highs and lower lows. The chart suggests that DXY may first **sweep liquidity around the 98.50–98.70 area**, where the marked equal/weak low sits. This zone could act as a potential reaction area. If buyers step in from that region, the projected bullish retracement could develop toward: * **99.27** — first key resistance / reaction level * **99.50–99.60** — intermediate supply area * **100.00–100.20** — major resistance zone * **100.70** — important structural level * **101.55** — major high / strong resistance The blue projection indicates a possible **liquidity sweep → bullish reversal → higher retracement** scenario. However, the market would need to confirm a bullish **CHoCH/BOS** before treating the reversal as valid. **Key invalidation:** If DXY decisively breaks and holds below the **98.50 region**, the bullish retracement scenario becomes weaker and further downside could develop. **Overall bias:** 🔻 **Bearish in the immediate structure, but watching 98.50–98.70 for a potential liquidity sweep and reversal.** *This is a technical analysis scenario, not a guaranteed market prediction.*