On the daily timeframe, DXY is still in a broader bearish structure, forming lower highs and lower lows since the major rejection near 103.45. Price recently bounced from the 96.00–95.20 demand zone and is now in a corrective pullback phase around 98.29.
The key level to watch is 100.40 resistance. As long as DXY remains below this area, the overall daily bias stays bearish, and the current move looks like a temporary retracement rather than a full trend reversal.
If price fails near 99.50–100.40, we can expect another move down toward 97.00 and potentially 95.20 again. However, a strong daily close above 100.40 would shift momentum and indicate a deeper bullish correction.
The key level to watch is 100.40 resistance. As long as DXY remains below this area, the overall daily bias stays bearish, and the current move looks like a temporary retracement rather than a full trend reversal.
If price fails near 99.50–100.40, we can expect another move down toward 97.00 and potentially 95.20 again. However, a strong daily close above 100.40 would shift momentum and indicate a deeper bullish correction.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.