DXY 1WU.S. Dollar Currency IndexTVC:DXYLapis-Chartπ DXY β Key level before FOMC DXY is still holding above the 99.5 bullish area, so for now the dollar stays relatively strong. Price is just moving inside a range, and this kind of structure usually builds pressure before a big move, especially when major news is coming. β οΈ With the FOMC meeting just a few hours away, volatility can pick up fast. Two possible outcomes: π Break to the downside β move toward the lower channel support π Break to the upside β continuation of the bullish move toward the upper channel Overall, the structure is still bullish for now, but the real direction will likely show up after the news. β οΈ Be careful during FOMC β moves can be fast and can easily break technical setups.