DXY is currently reacting from a strong demand zone around 97.6 with a clear rejection and bounce.
This area is acting as a critical support.
As long as price holds above this level, the bias remains bullish in the short term.
📈 Bullish Scenario:
Buy zone: 97.69-97.71
Target 1: 98.19
Target 2: 98.63
SL: 96.90
📉 Bearish Scenario:
If price breaks and closes below 97.46
downside continuation towards 96.26
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
This content is not financial advice. Always conduct your own financial due diligence.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
This area is acting as a critical support.
As long as price holds above this level, the bias remains bullish in the short term.
📈 Bullish Scenario:
Buy zone: 97.69-97.71
Target 1: 98.19
Target 2: 98.63
SL: 96.90
📉 Bearish Scenario:
If price breaks and closes below 97.46
downside continuation towards 96.26
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
This content is not financial advice. Always conduct your own financial due diligence.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
ملاحظة
Target1: Hit +تم فتح الصفقة
Trade closed: target reachedTarget2: Hit +92 PIPS
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.