"DXY is building a textbook bullish flag — here’s exactly where

For Traders (technical + confident)

DXY bulls gearing up for a double-leg rally”



1. Context & Market Structure:

After a sharp impulsive drop (green falling wedge), DXY has begun corrective accumulation in an ascending channel.

Current price 99.531 is consolidating inside a broadening bullish flag pattern.

1. Key Zones:
   
   Major supply zone: 100.500 – 101.000 (highlighted yellow box)
   
   Short-term resistance: 99.700
   
   Short-term support: 98.8Projected Path (2 bullish legs):
   
   First push (red path): Minor pullback → break to ~100.100
   
   Second push (blue path): Consolidation → breakout towards 100.500–101.000 (target zone)
   
   00–98.500
   
3. Bias:
   
   Short-term bullish → Targeting supply zone around 100.5–101.0
   
   Invalidation level: Clear break below 98.500 (would negate bullish setup)
   

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1. Trade Idea:
   
   Buy on dips within the ascending flag, targeting 100.100 and 100.500
   
   Watch reaction near supply zone for possible reversal or continuation