DXY Faces Crucial Test at 0.618 Support Arc

The US Dollar Index (DXY) is currently interacting with its 0.618 Support Arc, according to an analysis by FXStreet.

Based on the 4h chart, price is testing this crucial support level, which could indicate a potential bearish breakdown toward the next Support Arc.

If the DXY breaks below this arc, it may lead to further selling pressure and a decline toward the primary target zone at 98.55 (0.786 Arc).

A sustained close above 99.31 would invalidate the bearish scenario, shifting the outlook toward the next Resistance Arc.