From Consolidation to Collapse: DXY Signals More Downside

21 apr

Technical Analysis Of (U.S. Dollar Index - DXY):


📉 U.S. Dollar Index (DXY) Technical Analysis

🔸 Consolidation and Breakdown
The price consolidated within a horizontal range between ~100.15 and ~102.73 before a successful breakdown below the SBR (Support Becomes Resistance) zone.

🔸 Bearish Structure Maintained

After forming a short range area, price retested the SBR level and continued to reject it, maintaining lower highs and lower lows – a clear bearish structure.

🔸 Downside Momentum Active

Current price action suggests continued downside pressure, with a likely revisit to the target area near 96.75, supported by the bearish rejection at the recent SBR.

🔸 Key Levels

- Resistance: 100.15
- Immediate SBR: 98.80–99.00
- Support/Target: 97.85 → 96.75

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23 apr

Nota

Price is approaching to our supply zone, let's see

23 apr

Trade attivo

from 99.300

29 apr

Nota

It's Time to go down , just hold your Trades