US Dollar Index

DXY. Technical analysis

49
Hello traders and investors!

The seller has returned the price to the range on the weekly timeframe (see the related post). The price is now below the upper boundary of the range at 106.952.
We are monitoring the 106.083 level.
If the buyer breaks through and defends it, it would be reasonable to look for buying opportunities.
However, if the seller defends this level, selling will be the priority.
You can use the 4-hour timeframe for monitoring.


Good luck with your trading and investments!
註釋
I currently favor the buyer, with targets at 106.4, 106.8, and 107.1.
On the hourly time frame, a buyer’s zone has formed at the 106.083 level. I’m watching for a buyer's resurgence from this zone, ideally in the 106–106.1 range. If the seller pushes the price lower, it will raise concerns about the buyer.

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