DXY 4H Outlook – Key Levels & Potential Scenarios

💡 DXY 4H Outlook – Key Levels & Potential Scenarios

Price is currently testing an important supply zone (97.7 – 98.0) after showing a strong recovery. From here, I’m watching two possible outcomes:

🔼 Bullish Scenario

If buyers manage to hold above the 97.7 – 98.0 supply zone, we could see continuation toward the next major resistance between 98.2 – 98.6.

Break & retest of 98.0 would be a strong confirmation for buyers.

🔽 Bearish Scenario

If the 97.7 – 98.0 area rejects strongly, price could reverse back down toward the demand zone (96.4 – 96.6) for liquidity grab.

This zone has previously acted as a strong reaction point.

⚔️ Key Levels to Watch

Resistance: 98.0 | 98.2 | 98.6

Support: 97.4 | 96.6

📊 This setup gives both bulls and bears opportunities depending on how price reacts at these zones.

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