DXY — Recovery or deeper correction?US Dollar IndexCAPITALCOM:DXYTheZimpact 🚀The US Dollar Index has pulled back from recent highs after completing a distribution range, but buyers are now attempting to stabilize price above an important support area. The next move will likely determine whether the broader bullish trend resumes or a deeper correction unfolds. 📈 Bullish scenario If buyers regain momentum and break back above the recent range highs, we can expect the recovery to continue toward the next major resistance zone, confirming renewed bullish strength. 📉 Bearish scenario If price fails to hold the current support and breaks below the highlighted demand area, a deeper corrective move toward the next lower support zone becomes the more likely outcome. DXY is approaching an important decision point. The reaction around current support will provide valuable clues about the next directional move.