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U.S. Dollar Future in Focus: Will $100 Hold or Fade Fast?
U.S. Dollar Future in Focus: Will $100 Hold or Fade Fast?
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The U.S. Dollar Index (DXY) shows tentative signs of stabilization near $99.16, with traders eyeing a potential push toward the psychologically significant $100 threshold. market participants await Federal Reserve interest rate decisions that could redefine forex dynamics in coming weeks.
Technical resistance at $99.66 remains the immediate hurdle for DXY bulls. A successful breach could signal renewed dollar strength, while failure may trigger retracement toward the $98.00-$98.65 support zone.
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