DOLLAR INDEX (DXY) Technical Outlook & Levels to Watch 💵
Here is my latest structure analysis for Dollar Index.
Support 1: 103.4 - 103.8 area
Support 2: 101.3 - 101.7 area
Resistance 1: 104.6 - 105.6 area
Resistance 2: 106.8 - 107.2 area
Resistance 3: 107.8 - 108.0 area
The price broke a very important demand cluster last week, it turned into Resistance 1.
Probabilities are high that the index will drop from that area at least to Support 1.
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