The Dollar Index is moving lower after breaking channel support, suggesting a larger A-B-C correction from the March highs. Price is now approaching a key support zone near 97.60, where an unfilled March gap could attract buyers and trigger a rebound. A recovery from this area could lead to a three-wave bounce toward trendline resistance near 101. However, the broader bullish outlook remains valid as long as the index holds above the 95.55 level.
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