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2025-09-18 21:23:38
US Dollar Index Technical Analysis: The 30-minute chart shows the US Dollar Index trading above the middle Bollinger Band (97.0287, upper Bollinger Band 97.2376, and lower Bollinger Band 96.8198). The price has rapidly recovered from the "needle-like" low of 96.2109, forming a second pullback at 96.8229 before rising, indicating strong buying below. Short-term resistance has risen to 97.50, with the 98 mark seen above. Support lies near the middle Bollinger Band 97.03, followed by the overlapping lower Bollinger Band 96.82 and the previous low of 96.8229, and further below at 96.56 and the extreme low of 96.2109. In terms of the overall structure, the bulls maintain repeated retracement and confirmation of the middle track. Once the retracement fails to break and attacks again, the 97.50-98 range is expected to be tested; on the contrary, if it falls back below 97.03 and effectively expands the Bollinger bandwidth to the lower edge, the short-term will turn into a horizontal channel oscillation of 96.82-97.03.
