DXY – The Road to 100 Looks Clear 🚀

[m_c_jacob]

In my previous analysis on DXY, I mentioned that as long as the 97.60 zone holds, there are strong chances for an upside move and a possible test of the 100 level.

Indeed, the index reversed perfectly from that support area and has now broken above the interim resistance around 98.60, trading close to 99 at the time of writing.

Over the last three sessions, DXY has also completed an inverted Head & Shoulders pattern, with the neckline breakout confirming the bullish structure.
From here, the path toward the 100 zone appears clear and technically justified.

I maintain a bullish bias for the U.S. Dollar Index, which naturally implies a bearish outlook for EURUSD and GBPUSD in the short term.

[Couturier]

Great technical read The inverted H&S breakout looks clean — if DXY pushes past 99.5, that 100 test seems inevitable. Euro pairs could feel the pressure soon

[Swipe]

Exactly — that neckline break confirms strong bullish momentum If DXY holds above 98.6, a rally toward 100 looks very likely. Euro pairs definitely on watch