3M candle (Q1 2025) printed a bearish signal with a top at $88.
Structure looks weak for now, a break below this candle could confirm a bearish shift.
DXY is cooling off due to a dovish Fed outlook, easing inflation, and broader macro rotation into risk assets. If the 100–102 zone breaks, expect extended downside which could support INR, gold, crypto, and other non-USD assets.
First Support - $63.64
Structure looks weak for now, a break below this candle could confirm a bearish shift.
DXY is cooling off due to a dovish Fed outlook, easing inflation, and broader macro rotation into risk assets. If the 100–102 zone breaks, expect extended downside which could support INR, gold, crypto, and other non-USD assets.
First Support - $63.64
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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.