The current bullish trend in the DXY is likely to face a strong rejection around the 99.55–99.65 zone. Unless there is major news that significantly shifts the market direction — such as a surprise policy announcement like the tariffs introduced during Trump's era — the dollar index is not expected to break above that level. That zone could act as a major turning point, and a bearish reversal is likely to emerge from there
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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.