DXY β€” Is the next breakout loading?

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DXY β€” Is the next breakout loading?US Dollar IndexCAPITALCOM:DXYTheZimpact πŸš€The Dollar Index is still holding above a major bullish structure despite the recent pullback. Price is currently consolidating after rejecting from the recent highs, making this an important area to watch for the next directional move. πŸ“ˆ Bullish scenario If buyers manage to break above the highlighted resistance zone, the uptrend could resume with momentum, opening the door for a continuation toward fresh highs. πŸ“‰ Bearish scenario If the current support fails, sellers may gain control and push the index toward the next demand zones, where buyers could look for another reaction. The market is currently sitting between key support and resistance. A breakout from either side will likely determine the next major move.