📊 U.S. Dollar Index Rebounds Above Support – Daily Outlook, December 17, 2025
USA News Today | Dec. 17, 2025 – 05:18 UTC
The U.S. Dollar Index rebounded during yesterday’s trading session after reaching an additional bearish target near 97.50. The recovery was triggered by the Stochastic indicator exiting oversold territory, allowing the index to push back above the 66.8% Fibonacci retracement level at 97.85.
This move reflects an attempt to recover part of recent losses during today’s trading. However, the rebound remains corrective in nature and does not pose a threat to the broader bearish outlook.
🔎 Technical Outlook
- Strong resistance remains at 98.75, acting as the primary bearish barrier
- An additional resistance level is forming near 99.35
- Renewed downside momentum could confirm a break below 97.85, opening the door for fresh bearish waves
🎯 Downside Targets
- 97.50
- 97.25
Expected Trading Range: 97.60 – 98.25
Price Outlook: Bearish