The US Dollar Index (DXY) is experiencing fluctuations around the 101 mark. Despite a generally bearish outlook, the index has shown signs of short-term strength, potentially reaching up to 102. The DXY remains under its 100-day EMA, with resistance at 101.30 and support at 100.68. The Relative Strength Index (RSI) indicates neutral momentum. Recent technical analysis suggests that the downtrend from April has ended, and an inverse head and shoulders pattern breakout has occurred. The index struggles around 101.25 as bearish sentiment prevails below 101.50.