DXY Extends Pullback, Tests 23.6% Fibonacci and Weekly Low Below 101.00

The US Dollar Index (DXY) has extended the previous day's pullback from the 101.25-101.30 region, attracting follow-through sellers. The index is now testing the 23.6% Fibonacci retracement level and flirting with a weekly low below the 101.00 mark.

This move reflects ongoing bearish pressure on the greenback against a basket of major currencies. No further details on catalysts or potential support levels are available from the original source.

Traders are watching for a clean break below 101.00 to confirm further downside, though near-term oversold conditions could prompt a brief consolidation.