📊 DXY 17th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 106.873

🔑 Immediate Support & Resistance

Below DCMP (Support):

Support 1: 106.546 🟢 | Support 2: 106.466 | Support 3: 105.337

Above DCMP (Resistance):

Resistance 1: 107.294 🔴 | Resistance 2: 107.463 | Resistance 3: 109.251

Swing Levels (Daily/4H):

Swing High: 110.176 | Swing Low: 107.500

📉 Technical Snapshot

Key Zones: Critical support at 106.546 and resistance at 107.294.

Fibonacci Levels: Retracement aligns with Support 3 (105.337) and Resistance 3 (109.251).

RSI: Neutral momentum, no divergence observed.

MACD: Bullish crossover above baseline.

💡 Intraday Trade Opportunities

1️⃣ Intraday Buy Setup

Entry: 106.546 🟢 (Strong Support Zone)

Stop Loss: 105.337 🔴 (Below Support 3)

Take Profit 1: 106.873 🟡 (DCMP Level)

Take Profit 2: 107.228 🟡 (Resistance 2)

2️⃣ Intraday Sell Setup

Entry: 107.294 🔴 (Key Resistance Zone)

Stop Loss: 107.463 🔴 (Above Resistance 2)

Take Profit 1: 106.612 🟡 (Support 1)

Take Profit 2: 106.231 🟡 (Support 3)

🎯 Final Insight

DXY hovers near 106.873. A break above 107.294 could target 107.463, while a dip below 106.546 may test 106.466. Trade with strict risk management and tiered profit-taking.

Risk Note: Validate setups with live price action. Adjust dynamically to volatility. 🚨