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!
Nota
Target1: Hit +Trade attivo
Trade closed: target reachedTarget2: Hit +92 PIPS
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• Partnership Support 🤝
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.