USDX Rebounds from 0.5 Support Arc, Eyes 99.58 Target

The US Dollar Index (USDX) has rebounded from its 0.5 Support Arc, according to analysis using the Arc Cycle method on a 2h chart.

This bounce confirms a bullish reaction and opens up the potential for continued movement toward the next Resistance Arc.

The current Arc Cycle is providing support at this level, and if the bullish momentum continues, price could move toward 99.58.

However, if there's a sustained 2h close below 99.12, it would weaken the bullish scenario and potentially reopen the path toward the lower 0.618 Support Arc.