75: DXY's Critical Support at 102 Sparks Potential for New Highs
Hello traders! 📈🔍 Taking a detailed look at DXY's technical analysis, it's evident that a crucial support has materialized at 102.564. This level bears significance, and a confirmed support could pave the way for potential upward movements.
To validate this support, we'll be closely monitoring if the price can sustain itself above 104.213, with a potential bullish trajectory aiming for the next resistance at 106.218 . A breakthrough beyond this resistance might signal the onset of an uptrend.
Conversely, a failure to maintain the support at 102.564, leading to a breach, could indicate the potential for a downtrend. Vigilance in observing DXY's technicals and other market indicators is key for making well-informed investment decisions.
Feel free to reach out with any queries or for further analysis! Happy trading! 📊💹 #DXY
To validate this support, we'll be closely monitoring if the price can sustain itself above 104.213, with a potential bullish trajectory aiming for the next resistance at 106.218 . A breakthrough beyond this resistance might signal the onset of an uptrend.
Conversely, a failure to maintain the support at 102.564, leading to a breach, could indicate the potential for a downtrend. Vigilance in observing DXY's technicals and other market indicators is key for making well-informed investment decisions.
Feel free to reach out with any queries or for further analysis! Happy trading! 📊💹 #DXY
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.