The US Dollar Index has been consolidating within a multi-week range on the 2-hour chart following the September lows, forming a series of higher lows while respecting a descending equilibrium line. Over the past 48 hours, price has successfully defended the key demand zone between 99.00 and 99.20, producing a confirmed change of character and multiple breaks of structure to the upside, signaling the resumption of dollar strength.
The most recent swing low at 99.149 held firmly above the prior strong low, absorbing sell-side liquidity before buyers triggered a decisive bullish displacement. This move swept equal lows and flipped the local market structure, with the broken equilibrium line now acting as support near 99.50. Subsequent retests have shown aggressive buyer absorption, forming higher lows on lower timeframes and establishing a new point of control within the demand zone.
From a market structure perspective, upside volume has increased significantly on displacements, while downside wicks remain shallow and uncommitted, consistent with a shift from distribution to accumulation. The index is trading above the volume-weighted average price of the range, reinforcing buyer control as long as the 99.00 level caps any retracement.
The bullish bias remains intact as long as price holds above 99.00 on a closing basis. A clean breakdown below this demand zone would invalidate the setup and target a retest of the range low near 98.40. A sustained close above 99.80 would confirm acceleration toward the measured move objective.
Technical Target Levels
First Target: 100.40
Second Target: 101.10
Third Target: 102.00
Traders should monitor pullbacks to the 99.20–99.50 zone for high-probability long entries, ideally with 15-minute confirmation via fair value gap fills or bullish engulfing patterns. Risk placed below the demand low provides favorable R:R, with partial profit-taking at each target to manage the extension.
This analysis is based purely on price action and structural behavior. It highlights the importance of demand zone validation in range transitions and the role of order flow shifts in confirming trend resumption.
This is not financial advice. Always use proper risk management and follow your trading plan.
Like, comment and follow for more Smart Money and Price Action-based trade ideas.
The most recent swing low at 99.149 held firmly above the prior strong low, absorbing sell-side liquidity before buyers triggered a decisive bullish displacement. This move swept equal lows and flipped the local market structure, with the broken equilibrium line now acting as support near 99.50. Subsequent retests have shown aggressive buyer absorption, forming higher lows on lower timeframes and establishing a new point of control within the demand zone.
From a market structure perspective, upside volume has increased significantly on displacements, while downside wicks remain shallow and uncommitted, consistent with a shift from distribution to accumulation. The index is trading above the volume-weighted average price of the range, reinforcing buyer control as long as the 99.00 level caps any retracement.
The bullish bias remains intact as long as price holds above 99.00 on a closing basis. A clean breakdown below this demand zone would invalidate the setup and target a retest of the range low near 98.40. A sustained close above 99.80 would confirm acceleration toward the measured move objective.
Technical Target Levels
First Target: 100.40
Second Target: 101.10
Third Target: 102.00
Traders should monitor pullbacks to the 99.20–99.50 zone for high-probability long entries, ideally with 15-minute confirmation via fair value gap fills or bullish engulfing patterns. Risk placed below the demand low provides favorable R:R, with partial profit-taking at each target to manage the extension.
This analysis is based purely on price action and structural behavior. It highlights the importance of demand zone validation in range transitions and the role of order flow shifts in confirming trend resumption.
This is not financial advice. Always use proper risk management and follow your trading plan.
Like, comment and follow for more Smart Money and Price Action-based trade ideas.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📊 Join my Free Telegram Channel for daily Forex & Gold signals! 💥
Get 85%+ accuracy, real-time updates, and consistent profits.
Start trading smart — join now 👉 t.me/Jos_ProTrader
Get 85%+ accuracy, real-time updates, and consistent profits.
Start trading smart — join now 👉 t.me/Jos_ProTrader
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
