Market Structure

The market structure has turned bearish, with lower highs and lower lows developing after the recent breakdown.

Key Resistance

First Resistance: 100.20–100.40
This is the first recovery zone where sellers may re-enter after the recent breakdown.

Second Resistance: 100.80–101.00
A move above this area would weaken the current bearish structure and improve the short-term outlook.

Key Support

First Support: 99.60–99.70
The recent low remains the nearest support and will be the first level to watch if selling pressure resumes.

Second Support: 99.20–99.40
A break below recent lows could expose this next downside target.

Market Sentiment

Market sentiment has shifted bearish.

The recent breakdown has strengthened downside momentum, while the current rebound still appears corrective rather than trend-changing. Buyers need to recover key resistance levels before confidence can return.

Please share your view below:

Will the U.S. Dollar Index reclaim the broken support and recover? Or is this only a temporary bounce before another leg lower?

More market structure and key level updates will be shared regularly.