DXY 1D (under sell pressure)

DXY

Analyze

Generally the direction is downtrend but right now price of Index reached at strong support zone 100.90 - 101.63

so as long as price trade under 102.24 the price will be under sell pressure to reach again to 101.63 and 100.90 because like we see on the last two candles we have pullback so it is possible to retest again to the barrier 100.90

stabilized under 100.90 then we will see more bearish trend to reach 100.05 , 99.26



stabilized above 102.24 it will help the price to reach 102.63 , 103.10
and if can break 103.10 then it will reach 103.62

stabilized above 103.62 then the direction will be uptrend until 105.27


support line : 101.63 , 100.90 , 100.59
resistance line : 102.24 , 103.09 , 103.62

next support zone 100.90 - 101.63
next resistance zone 103.09 - 103.62