#DOLLAR #DXY4-Hour Chart Analysis

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#DOLLAR #DXY 4-Hour Chart AnalysisU.S. Dollar Currency IndexTVC:DXYKTechnicalLevels#DOLLAR **4-Hour Chart Analysis** πŸ’΅πŸ“Š Here’s what I’m anticipating on the **Dollar Index** πŸ‘‡ Price may first move towards the **freshly created H4 FVG** formed during the Asian session. πŸ“ˆ If price reaches that fresh H4 FVG and gives us a **strong rejection**, we may then see the Dollar gradually move lower. πŸ“‰ The key level to watch is the **99.60–99.40 support zone**. If price manages to break and sustain below this area, the next potential support comes around **99.10–99.30**. 🎯 πŸ”Ή **Fresh H4 FVG β†’ Possible rejection** πŸ”Ή **Break below 99.60–99.40 β†’ Further downside** πŸ”Ή **Next support β†’ 99.10–99.30** As we already know, **Gold and the Dollar generally have an inverse relationship**, so a bearish move in the Dollar could support a bullish move in Gold, and vice versa. πŸ₯‡β†”οΈπŸ’΅ I’ll share the **Gold analysis shortly with the key H1 levels** for a clearer picture and better-defined zones. πŸŽ―πŸ“ˆ