After rebounding from the 97.45 support zone, DXY is regaining strength above the 200 EMA, showing short-term bullish momentum. However, the broader price structure bearish strength will take over.
The MACD is currently showing a bullish crossover from oversold levels, supporting the ongoing corrective move to the upside. Once the index approaches the resistance region, momentum could begin to fade, leading to a potential bearish reversal.
Resistance Zone: 99.80, 100.50 and ultimate 100.14
Immediate Resistance: 98.93 followed by 99.84
Support Levels: 97.46 and 96.87 trendline support
The MACD is currently showing a bullish crossover from oversold levels, supporting the ongoing corrective move to the upside. Once the index approaches the resistance region, momentum could begin to fade, leading to a potential bearish reversal.
Resistance Zone: 99.80, 100.50 and ultimate 100.14
Immediate Resistance: 98.93 followed by 99.84
Support Levels: 97.46 and 96.87 trendline support
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.