📈 DXY 19th February 2025 Daily Analysis Based on Main Key Levels

DXY Technical Snapshot

Current Market Price (DCMP): 106.938

Key Support Levels: 106.862 | 106.786 | 106.665

Key Resistance Levels: 107.104 | 107.180 | 107.301

🔍 Critical Technicals

Swing High: 110.176 🚩

Swing Low: 107.500 🚩

RSI: Neutral (51.8), no divergence observed.

MACD: Flatlined, indicating weak directional momentum.

💡 Intraday Trade Setups

🟢 Intraday Buy Trade

Entry: 106.546 🎯

Stop Loss: 106.665 🛑

Take Profit 1: 106.862 ✅

Take Profit 2: 106.786 ✅

Rationale: Strong support confluence at 106.546 (Fib 50% retracement + pivot reversal zone), ideal for bullish reversions.

🔴 Intraday Sell Trade

Entry: 107.294 🎯

Stop Loss: 107.301 🛑

Take Profit 1: 107.104 ✅

Take Profit 2: 106.862 ✅

Rationale: Resistance cluster at 107.294 aligns with Fib 61.8% extension, signaling bearish rejection potential.

⚠️ Critical Price Zones

Break Above 107.301: Risk of bullish momentum toward 108.000.

Break Below 106.665: Potential decline to 106.085–105.337 support band.

Pro Tip: Trade with 1:2 risk-reward ratios. Confirm entries with RSI/MACD alignment! 🚀

📌 Why This Strategy Works

Fibonacci Precision: Entries align with Fib retracement/extension levels.

Liquidity Targeting: TPs set near high-volume zones for optimal exits.

Risk-Adjusted: Tight stop-losses minimize downside exposure.