📉 DXY 4H Outlook 🇺🇸
The Dollar Index is currently testing a major resistance zone while moving inside a broader descending structure. After forming a potential double top, price action continues to respect bearish market structure on the 4H timeframe.
🔍Key observations:
• Rejection from descending trendline resistance
• Consolidation near supply zone
• Bearish channel still active
• Possible continuation toward lower support if breakout fails
⚠️ Watch for confirmation before entry. A clear rejection from the highlighted zone could trigger the next bearish leg
The Dollar Index is currently testing a major resistance zone while moving inside a broader descending structure. After forming a potential double top, price action continues to respect bearish market structure on the 4H timeframe.
🔍Key observations:
• Rejection from descending trendline resistance
• Consolidation near supply zone
• Bearish channel still active
• Possible continuation toward lower support if breakout fails
⚠️ Watch for confirmation before entry. A clear rejection from the highlighted zone could trigger the next bearish leg
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.