DXY Ready to Reload? Eyes on 99.100 as Tariff Tensions Ease!!

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DXY Ready to Reload? Eyes on 99.100 as Tariff Tensions Ease!!U.S. Dollar Currency IndexTVC:DXYJoeChampionHey Traders, In tomorrow's trading session, we're closely monitoring the DXY for a potential buying opportunity around the 99.100 zone. After trending lower for a while, the dollar index has successfully broken out of its downtrend and is now entering a corrective phase. We’re watching the 99.100 support/resistance area closely, as it aligns with a key retracement level making it a strong candidate for a bullish reaction. On the fundamental side, Friday's NFP data came in slightly above expectations, which is typically USD-positive. In addition, recent Trump-led de-escalation in U.S.-China tariff tensions is another supportive factor for the dollar. Trade safe, Joe.