DOLLAR INDEX (DXY) Key Zones to Watch ๐Ÿ’ต

์—…๋ฐ์ดํŠธ๋จ
์Šค๋ƒ…์ƒท

After setting a new higher high higher close 10 days ago, Dollar Index is retracing.
Here are the key zones to watch from where we may see a trend-following move:

Support 1 - 2 is based on a confluence zone between a major rising trend line and 105.1 - 105.8 demand zone.
Support 3 is based on 102.5 - 103.8 demand zone.

Once one of these zones is reached, look for a confirmation on long time frames to confirm a coming bullish impulse.
I will post an update one I spot a decent confirmation.

Alternatively, bearish breakout of these zone will trigger selling waves.

โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ

๋…ธํŠธ
Check my new analysis on GBPAUD:
GBPAUD: Bearish Outlook ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฆ๐Ÿ‡บ
DXYfundamental-analysisPivot PointsSupply and DemandswingswingsetupswingtradeswingtraderswingtradingTrend Lines

โœ…Join My Telegram Channel: t.me/VasilyTrading

โ—๏ธYouTube Channel youtube.com/c/VasilyTrader

๐Ÿ’ฐInstagram: instagram.com/VasilyTrader/ ๐Ÿ’ฐ

โœ…Facebook: facebook.com/VasilyTrading/ โœ…
๋˜ํ•œ ๋‹ค์Œ์—์„œ๋„:

๊ด€๋ จ ๋ฐœํ–‰๋ฌผ

๋ฉด์ฑ…์‚ฌํ•ญ