📊 DXY 12th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 103.650

DXY consolidates below resistance at 104.976 and above support at 103.407. Key swing levels at 107.661 (high) and 106.126 (low) define near-term price boundaries.

Key Levels & Technical Snapshot 🎯

🟢 Support Zones

Immediate Support: 103.407 🎯 (Intraday Buy Trigger)

Stronger Support: 102.818

Swing Low (Daily/4H): 106.126

🔴 Resistance Zones

Critical Resistance: 104.976 🎯 (Intraday Sell Trigger)

Upper Resistance: 107.513

Swing High (Daily/4H): 107.661

📈 Technical Indicators

RSI: Neutral at 51, no divergence observed.

MACD: Bearish momentum near 103.252 pivot zone; potential crossover at 103.407.

Fibonacci: 103.407 aligns with 38.2% retracement; 104.976 matches 61.8% extension.

Trade Setups 💼

1️⃣ Intraday Buy Trade

Entry: 🎯 103.407

Stop Loss: 🚫 102.818

Take Profit 1: ✅ 103.520

Take Profit 2: ✅ 104.222

Rationale:

103.407 converges with Fibonacci retracement and swing low at 106.126.

MACD reversal potential near 103.252 strengthens upside bias.

2️⃣ Intraday Sell Trade

Entry: 🎯 104.976

Stop Loss: 🚫 107.513

Take Profit 1: ✅ 103.954

Take Profit 2: ✅ 102.438

Rationale:

104.976 resistance aligns with Fibonacci extension and swing high at 107.661.

RSI neutrality suggests limited bullish follow-through.

Final Outlook 🔍

DXY’s equilibrium near 103.650 reflects consolidation. Intraday trades at 103.407 (buy) and 104.976 (sell) offer strategic entries. Monitor MACD for trend confirmation.

🔔 Critical Watch: A sustained break above 107.513 may signal bullish reversal, while failure below 102.818 could accelerate downside pressure.