DOLLAR INDEX (DXY) Key Zones to Watch 💵

26 ก.ค. 2022

After setting a new higher high higher close 10 days ago, Dollar Index is retracing.
Here are the key zones to watch from where we may see a trend-following move:

Support 1 - 2 is based on a confluence zone between a major rising trend line and 105.1 - 105.8 demand zone.
Support 3 is based on 102.5 - 103.8 demand zone.

Once one of these zones is reached, look for a confirmation on long time frames to confirm a coming bullish impulse.
I will post an update one I spot a decent confirmation.

Alternatively, bearish breakout of these zone will trigger selling waves.

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27 ก.ค. 2022

บันทึก

Check my new analysis on GBPAUD: