U.S. Dollar Index (DXY) – 4H Chart Analysis
The chart highlights a potential bullish setup for the U.S. Dollar Index (DXY). A Point of Interest (POI) is marked around the 106.350 - 106.700 zone, indicating a key demand area. A retracement into this region could present a buying opportunity.
The projected upside move targets 108.352 (1st target) as an initial resistance level. If bullish momentum continues, the next key level to watch is 109.704 (2nd target).
A sustained break below the POI may invalidate the bullish bias.
Price action should be monitored for confirmation of the expected move.
If you enjoy, press the like button.
The chart highlights a potential bullish setup for the U.S. Dollar Index (DXY). A Point of Interest (POI) is marked around the 106.350 - 106.700 zone, indicating a key demand area. A retracement into this region could present a buying opportunity.
The projected upside move targets 108.352 (1st target) as an initial resistance level. If bullish momentum continues, the next key level to watch is 109.704 (2nd target).
A sustained break below the POI may invalidate the bullish bias.
Price action should be monitored for confirmation of the expected move.
If you enjoy, press the like button.
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
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.