DXY/Dollar Analysis and Trade Idea 2nd week 2023

Possibility:

Price is into strong support zone 103.00 -103.911 so dollar will face two scenario

First : if can price continue downtrend and can break and stable under 103.00 the direction will be downtrend and price will try to reach 101.976 , 101.252 and 100.406 so the commodities, pairs against Dollar and indices will go up

Second : if can not stable under 102.953 and price rise up the price will retest again to 104.573 , 105.136 , 106.076 so the commodities and pairs against dollar and indices will back off

support line :102.953 , 101.976 , 101.252
resistance line : 104.573 , 105.136 , 106.076