Technical Analysis Of (U.S. Dollar Index - DXY):
📉 U.S. Dollar Index (DXY) Technical Analysis
🔸 Consolidation and Breakdown
The price consolidated within a horizontal range between ~100.15 and ~102.73 before a successful breakdown below the SBR (Support Becomes Resistance) zone.
🔸 Bearish Structure Maintained
After forming a short range area, price retested the SBR level and continued to reject it, maintaining lower highs and lower lows – a clear bearish structure.
🔸 Downside Momentum Active
Current price action suggests continued downside pressure, with a likely revisit to the target area near 96.75, supported by the bearish rejection at the recent SBR.
🔸 Key Levels
- Resistance: 100.15
- Immediate SBR: 98.80–99.00
- Support/Target: 97.85 → 96.75
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📉 U.S. Dollar Index (DXY) Technical Analysis
🔸 Consolidation and Breakdown
The price consolidated within a horizontal range between ~100.15 and ~102.73 before a successful breakdown below the SBR (Support Becomes Resistance) zone.
🔸 Bearish Structure Maintained
After forming a short range area, price retested the SBR level and continued to reject it, maintaining lower highs and lower lows – a clear bearish structure.
🔸 Downside Momentum Active
Current price action suggests continued downside pressure, with a likely revisit to the target area near 96.75, supported by the bearish rejection at the recent SBR.
🔸 Key Levels
- Resistance: 100.15
- Immediate SBR: 98.80–99.00
- Support/Target: 97.85 → 96.75
If you enjoy press the like button.
Note
Price is approaching to our supply zone, let's seeTrade active
from 99.300Note
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💸FREE FOREX Signals in Telegram : t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
Related publications
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.