The Dollar Index is showing signs of strength after bouncing from the 97.20–97.30 demand zone and reclaiming short-term structure. Price is currently consolidating around 97.55, and holding above this support keeps the outlook bullish.
📈 Bullish Bias:
Above 97.50 support, price is likely to push higher.
Next upside targets are 97.80, then 98.20 – 98.40 key resistance zone.
Retests of the 97.50–97.40 area could provide buy opportunities before the next leg up.
📈 Bullish Bias:
Above 97.50 support, price is likely to push higher.
Next upside targets are 97.80, then 98.20 – 98.40 key resistance zone.
Retests of the 97.50–97.40 area could provide buy opportunities before the next leg up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.