📈 DXY 13th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 103.641

Critical Price Zones

Above DCMP (Resistance):

Immediate Resistance: 104.976 🚩

Major Resistance: 109.082 🚩

Swing High: 107.661

Below DCMP (Support):

Immediate Support: 103.407 🚩

Major Support: 103.137 🚩

Swing Low: 106.126

Technical Analysis Snapshot 🔍

Fibonacci Levels:

61.8% retracement aligns with resistance at 104.976; 38.2% supports at 103.137.

RSI Divergence:

RSI (48) neutral with bearish divergence near 104.976 resistance.

MACD Crossover:

Bearish crossover below the signal line confirms short-term downside momentum.

Intraday Trade Setups ⚡

Trade Idea 1: Intraday Buy

Entry: 103.407 📍

Stop Loss: 103.137 🔴

Take Profit 1: 103.733 🟢

Take Profit 2: 104.976 🟢

Rationale: Confluence at Fib support (103.137) and key reversal pattern at 103.407.

Trade Idea 2: Intraday Sell

Entry: 104.976 📍

Stop Loss: 106.544 🔴

Take Profit 1: 103.999 🟢

Take Profit 2: 103.407 🟢

Rationale: Resistance cluster at 104.976-109.082 aligns with bearish MACD momentum.

Strategic Outlook 🔭

DXY hovers near DCMP (103.641) with a neutral-to-bearish bias due to:

Strong resistance at 104.976-109.082 zone

MACD trending below zero line

Bearish RSI divergence near swing high

Key Action Zones:

Bullish Scenario: Break above 109.082 targets 107.661.

Bearish Scenario: Close below 103.137 opens path to 102.438.

⚠️ Risk Note: Monitor Fed rate decisions and global risk sentiment.