Taking lead from our previous analysis, DXY showed weakness last week after failing to continue above the breakout area.

The Dollar Index is now testing the Daily EMA-200, which is a major support level. This level will decide whether the bullish view remains alive or whether DXY falls back deeper inside the consolidation box.

## Trend Hierarchy

**Intermediate Trend:** Bullish Attempt Under Pressure
**Short-Term Trend:** Corrective / EMA-200 Test
**Key Level:** Daily EMA-200

## Market Structure

DXY is currently sitting near the EMA-200 support. A reaction from this level may give bulls another chance to regain control.

Shorter timeframes are also showing early signs of momentum divergence, which may support a possible bullish reaction in coming sessions.

However, confirmation is still needed.

## Key Levels

**Support:** Daily EMA-200
**Resistance:** 100.7–101.7 zone
**Major Breakout Level:** 101.7

## Outlook

Monday may show a struggle between bulls and bears around this support area.

If DXY holds EMA-200 and starts recovering, the Dollar may attempt another move toward 100.7 and then 101.7.

If DXY closes clearly below EMA-200, the bullish case weakens and further downside may open.

## Stance

➡️ DXY Testing Daily EMA-200
➡️ Short-Term Weakness Visible
➡️ Possible Momentum Divergence On Lower Timeframes
➡️ Bullish Reaction Possible If EMA-200 Holds
➡️ Daily Close Below EMA-200 Weakens Bullish View
➡️ Watch Monday Price Action Carefully

Price tells the story.

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