DXY at 98.50: Will Dollar Bounce Back or Trigger Correction?

The US Dollar Index (DXY) is currently hovering near its key support level of 98.50, raising questions about the dollar’s future direction. Experts are divided on whether a rebound from this critical zone could occur or if it might trigger a deeper correction towards 92.00-94.00 in the coming months. This potential shift in the dollar’s trajectory might significantly impact risk assets like gold and cryptocurrencies.