DXY Bullish Channel Holding – Rebound Toward 101.15 Resistance

Jul 9

The **U.S. Dollar Index (DXY)** continues to trade inside a well-defined ascending channel, respecting the lower trendline as dynamic support. Price is currently testing the support zone after a pullback, suggesting buyers may step in for another upward move.

As long as the channel support remains intact, the bullish structure stays valid. A successful bounce from the current level could drive price toward the **101.15** target, where the next key resistance and liquidity zone are located. A decisive break below the rising trendline would weaken the bullish outlook and increase the chance of a deeper correction.

🎯 **Target:** **101.15**
📈 **Bias:** Bullish while price holds above the ascending trendline support.
⚠️ **Invalidation:** A sustained break below the lower trendline may trigger further downside.

Jul 9

Trade active

active

Jul 13

Trade closed: target reached

target hitt