U.S. Dollar Index
Updated

DXY Bearish Setup: Sell from Supply Zone to 99.100 Target

150
Trend: ๐Ÿ“‰ Bearish Bias


Key Zones & Strategy:

๐Ÿ”ถ Supply Zone (Sell Area)

๐Ÿ“ 100.584 โ€“ 100.906

โš ๏ธ Price may face selling pressure here


๐Ÿ”ต Entry Point:

๐ŸŽฏ 100.584 (bottom of supply zone)


๐Ÿ”ด Stop Loss:

โŒ 100.906 (just above resistance)


๐ŸŸข Target Point:

โœ… 99.100

๐Ÿ“‰ Aligned with lower support line

Technical Indicators:

๐Ÿ“ Descending Channel

๐Ÿ”ฝ Price moving within parallel downward trend lines


๐Ÿ“Š EMA (70) โ€“ Orange Line

๐Ÿ” Acting as dynamic resistance

Trade Setup Summary:

๐Ÿ“Œ Sell in the Supply Zone

๐Ÿ›‘ Stop Loss: 100.906

๐ŸŽฏ Target: 99.100

โš–๏ธ Good Risk-Reward Ratio


Warnings & Tips:

โšก Watch for Breakouts:

If price breaks above 100.906 โžก๏ธ ๐Ÿ“ˆ Bearish idea invalid


๐Ÿ“ฐ Check News Events:

FOMC, CPI, or other USD events may cause volatility
Trade closed: target reached
snapshot
Note
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