The **U.S. Dollar Index (DXY)** is showing signs of a potential bullish recovery after finding strong support around the **100.45–100.50** demand zone. Price recently bounced from this key support area and is attempting to stabilize above the **100.70** level.
Although the broader trend has been bearish, the current structure suggests buyers are defending the support zone. The Ichimoku Cloud indicates that momentum is still mixed, but a sustained move above the cloud and nearby resistance could confirm a bullish continuation.
The projected path on the chart suggests a minor pullback toward the support region before buyers regain control and push the index higher. A successful hold above support may open the door for a rally toward the next resistance level.
### **Target:**
* **Primary Target:** **101.02**
* **Support Zone:** **100.45–100.50**
* **Confirmation Level:** **100.80–100.90**
* **Major Resistance:** **101.75–101.80**
**Trading Idea:**
As long as DXY remains above the **100.45 support**, the bullish recovery scenario remains valid. A confirmed breakout above **100.90** would increase the probability of price reaching the **101.02** target, while a break below support would invalidate the bullish outlook.
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