DXY-DAily Setup

Wait 5 sec.

DXY-DAily SetupUS Dollar IndexCAPITALCOM:DXYFm254Price is expected to retest the 99.122 resistance level, where I will be looking for lower-timeframe sell confirmations. My initial target for the downside move is the 98.313 support zone. If this level breaks decisively, I will monitor the next support area for continuation. My invalidation for the bearish scenario will be a clean break and retest of 99.339, which would signal potential bullish continuation in line with the broader trend. While executing the sell setup, I will also be watching closely for a bullish reversal around 97.863, which aligns with my higher-timeframe bias.