"Dollar Index Breakdown and Retest – Bearish Setup Explained"

9月8日

📊 U.S. Dollar Index (DXY) – Technical Analysis

🔼 Resistance Zone (Supply Area): 98.68 – 100.11

* This area has consistently rejected price advances, forming a strong resistance level.
* The recent failed attempt to break above this zone confirms seller dominance.
* The most recent lower high near 98.68 strengthens the bearish structure.

📉 Trendline Breakdown and Retest

* A well-established upward trendline was broken decisively, followed by a clean retest.
* The retest was rejected, confirming it has now turned into resistance.
* This is a classic breakdown-retest-continuation pattern, suggesting further downside.

🎯 First Target Area: 97.10 – 97.21

* This zone is the immediate support level where the price may attempt a bounce.
* If broken, it could trigger increased bearish momentum and open the door to deeper downside targets.

📦 Demand Zone / Final Target: 96.39 – 96.60

* This is the next major support area and potential reversal zone.
* It aligns with previous accumulation and marks a strong demand level.
* Traders should watch for price behavior here, either for a bounce or continuation below.

🔁 Summary & Outlook

* The chart shows a clear bearish structure with lower highs and a trendline breakdown.
* As long as the price stays below 98.68, sellers remain in control.
* A break below 97.10 may accelerate the move toward the final target area near 96.39.
* Price action around the demand zone will be key to determining trend continuation or reversal.

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9月8日

交易進行

9月12日

註釋

9月16日

註釋

1st target achieved

9月16日

註釋

set BE , hold for another target

9月17日

交易結束：目標達成