US Dollar Index (DXY) – 2H ChartUS Dollar Index (DXY) – 2H Chart
Distribution at Major Resistance with Pullback Toward Main Support
Executive Summary
The US Dollar Index (DXY) on the 2-hour timeframe is trading into a clearly defined strong resistance zone (~97.55–97.65) after a sustained bullish recovery from the main support area (~96.20–96.40). Price is compressing beneath resistance, showing signs of potential distribution. The structure suggests elevated probability of a corrective move toward lower liquidity, with 96.40
