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fxJul 24, 2026, 8:11 AM

USD Index Pullbacks Could Be Bought Near 101.00

The US Dollar Index drifts lower on Friday, eroding some of the previous day's gains, with analysts suggesting pullbacks near 101.00 could be buying opportunities.

DXY

The US Dollar Index (DXY) is trading lower during the early European session on Friday, giving back a portion of the strong gains recorded in the prior session. The index had previously moved back towards monthly highs.

According to the price forecast, pullbacks towards the 101.00 level may attract buyers, indicating potential support near that area. The outlook suggests that dips could be seen as entry points for long positions.

Source: FXStreet Forex News