Dollar Index (DXY) 99.08 (2h), blue Ascending Channel, Blue floor defended (green candles) 98.90, red MA50. Bullish continuation bodies printing higher lows, above 99.00 pivot, rejecting white descending trendline from April.
RSI > 52 (positive momentum, not overbought). Next Fib levels $99.17-$99.36. $98.97 marked on volume as strong area of support. Bullish structure above $98.97 in a clean Ascending Channel towards $99.41-$99.51, printing higher lows in short term trend.
Trade Idea: Buy $99.08 targeting $99.36, stop $98.80.
