💹 DXY 24th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP):

• 106.321

Key Levels Relative to DCMP:

• Support (Below 106.321): 106.138, 105.738

• Resistance (Above 106.321): 106.385, 106.785, 107.185

📊 Technical Snapshot

Critical Swing Levels:

• Swing High: 108.523 | Swing Low: 106.566

• Fibonacci Retracement: Aligns with 106.566–108.523 range.

• RSI: Neutral at 51 on 4H chart.

• MACD: Bearish momentum fading near 106.138 support.

🚨 Trade Setups

1️⃣ Intraday Buy Opportunity

• Entry Price: 🎯 106.138

• Stop Loss: 🛑 105.738

• Take Profit 1: ✅ 106.321

• Take Profit 2: ✅ 106.385

Rationale: Strong confluence at 106.138 support with bullish RSI reversal on intraday charts.

2️⃣ Intraday Sell Opportunity

• Entry Price: 🎯 106.385

• Stop Loss: 🛑 106.785

• Take Profit 1: ✅ 106.321

• Take Profit 2: ✅ 106.138

Rationale: Resistance cluster at 106.385 aligns with bearish MACD crossover and overbought RSI signals.

⚠️ Critical Risk Zones

• Break Below 106.566 (Swing Low): Accelerates decline toward 105.738.

• Break Above 108.523 (Swing High): Opens path to retest 107.832 resistance.

Pro Tip: Monitor DXY’s reaction at 106.321 DCMP for intraday bias shifts. Use tight stops to navigate currency volatility! 🔥