DXY - ANALYSIS
👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on the DXY (Dollar Index) with you.
Based on the chart, I expect DXY to move upward after completing a 78% pullback and reaching the 108.010 level. From there, I anticipate the price to rise toward the range of 110.668 to 110.877.
However, if DXY breaks below the 107.500 level in the 1-hour timeframe, I expect it to move downward toward the range of 106.663 to 106.174.
📉 Expectation:
Bullish Scenario: Upward move to 110.668–110.877 after holding 108.010.
Bearish Scenario: A break below 107.500 targeting 106.663–106.174.
💡 Key Levels to Watch:
Resistance: 110.668, 110.877
Support: 107.500, 106.663, 106.174
💬 What’s your outlook on DXY this week? Let me know your thoughts in the comments!
Trade safe
Hello, everyone! I hope you're all doing well. Let me share my personal view on the DXY (Dollar Index) with you.
Based on the chart, I expect DXY to move upward after completing a 78% pullback and reaching the 108.010 level. From there, I anticipate the price to rise toward the range of 110.668 to 110.877.
However, if DXY breaks below the 107.500 level in the 1-hour timeframe, I expect it to move downward toward the range of 106.663 to 106.174.
📉 Expectation:
Bullish Scenario: Upward move to 110.668–110.877 after holding 108.010.
Bearish Scenario: A break below 107.500 targeting 106.663–106.174.
💡 Key Levels to Watch:
Resistance: 110.668, 110.877
Support: 107.500, 106.663, 106.174
💬 What’s your outlook on DXY this week? Let me know your thoughts in the comments!
Trade safe
Trade active
price 107.500 breaks and next target 106.420Trade closed: target reached
i see this senario
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.