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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Declinazione di responsabilità
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.