The US Dollar Index (DXY) remains under strong bearish pressure after failing to reclaim the 100.000 🔼 resistance zone. Price is currently consolidating below 100.000, maintaining a clear bearish structure of lower highs and lower lows.
Currently trading at 99.175, with
Support at: 97.600 🔽
Resistance at: 100.000 🔼, 101.500 🔼, 102.812 🔼
Bias:
🔼 Bullish: A breakout and retest above 100.000 could open room for a move toward 101.500 and 102.812.
🔽 Bearish: As long as price stays below 100.000, sellers remain in control. A breakdown below 97.600 could trigger further downside.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Currently trading at 99.175, with
Support at: 97.600 🔽
Resistance at: 100.000 🔼, 101.500 🔼, 102.812 🔼
Bias:
🔼 Bullish: A breakout and retest above 100.000 could open room for a move toward 101.500 and 102.812.
🔽 Bearish: As long as price stays below 100.000, sellers remain in control. A breakdown below 97.600 could trigger further downside.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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.
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.