
The DXY index is expected to rise soon.
The index is moving in a sideways direction, as seen on the hourly chart.
With a previous break of a minor downtrend on the same chart,
the price action has already signaled potential consolidation.
Therefore, we are expected to see a rise in the index soon.
If the specified resistance is broken and a close is reached above it,
the price will likely rise to targets of 98.100 and 98.420, respectively.