The U.S. Dollar Index (DXY) is reacting strongly from a major support zone around 98.90 after a sharp intraday decline. Price action suggests buyers are stepping in near demand, increasing the probability of a bullish rebound.
The chart highlights a potential recovery move toward the first resistance at **99.534**, followed by a continuation toward the second target near **99.252** after a possible short-term pullback. Holding above the highlighted support area will remain crucial for maintaining bullish momentum.
**1st Target:** 99.534
**2nd Target:** 99.252
The chart highlights a potential recovery move toward the first resistance at **99.534**, followed by a continuation toward the second target near **99.252** after a possible short-term pullback. Holding above the highlighted support area will remain crucial for maintaining bullish momentum.
**1st Target:** 99.534
**2nd Target:** 99.252
Trade active
Active Trade closed: target reached
1st target achieved 
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Related publications
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.