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DXY (USD Index) 4hour Analysis March 20th, 2022

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Indeks Mata Wang Dolar A.S. (TVC:DXY)  
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TVC:DXY   Indeks Mata Wang Dolar A.S.
Trend Analysis Chart Patterns Technical Indicators Forex forexleague forexsignals priceaction Technical Analysis DXY USD
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DXY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish

Trade scenario 1: Currently we are bullish on DXY and we can see price action is bouncing between two 4hour zones.

The most likely scenario is that price action will bounce off current support near 98.000 and head toward 99.300 resistance area.

Trade scenario 2: For us to consider DXY bearish we would need to see a break of 98.000 with a lower high below.
Penafian

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