US Dollar Index (DXY) Pulls Back After Testing Higher ResistanceU.S. Dollar Currency IndexTVC:DXYFOREXcomThe U.S. Dollar Index has recently extended above prior resistance near the 100.600 area, showing a clear shift in short-term structure after several weeks of base-building through May and early June. Price advanced strongly into the upper resistance zone near 102.000, but the latest candles show some hesitation and a mild pullback after that test. The broader technical backdrop remains constructive while price holds above the 50-day and 200-day SMAs. The 50-day SMA is also positioned above the 200-day SMA, which supports a positive medium-term trend structure. The previous consolidation floor around 97.650 remains a notable reference point from the earlier range, while the recent breakout area near 100.600 may now act as an important zone to monitor if price continues to ease. Momentum remains positive, though it is beginning to cool. The MACD is still above the zero line and the signal line, reflecting ongoing bullish momentum, but the latest flattening suggests the advance may be losing some pace. RSI has pulled back from near-overbought conditions and is now around the mid-60s, indicating momentum is still supportive but no longer stretched to the same degree. Overall, the chart suggests a bullish-to-neutral bias. The breakout structure remains intact, but the reaction near 102.000 shows that buyers may be pausing after a sharp move. A period of consolidation above the prior breakout zone would likely keep the broader technical picture constructive. -MW