DXY on the EdgeTrump's trade policies in Q1 have significantly influenced global markets, with critics arguing that his import tariffs are destabilizing the economic and monetary order. These measures have sparked concerns about U.S. dollar confidence, potentially leading to financial instability and broader economic consequences.
🔹 DXY Technical Analysis
The US Dollar Index (DXY) is at a critical juncture, currently hovering around 103.376—a key level that will determine the next major move.
📈 Bullish Scenario:
If DXY holds above 103.376, it may push towards the 106.160 and 107.595 resistance levels.
📉 Bearish Scenario:
A break below 103.376 could send DXY further down, targeting 101.805 and 100.235 as potential support zones.
📌 Key Levels:
Resistance: 106.160, 107.595
Support: 103.376, 101.805, 100.235
⚠ Risk Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice or a trading signal. Always confirm with your own strategy before making any trading decisions.