💹 DXY 5th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 108.514

🎯 Critical Price Zones

Below DCMP (Support):

🛡️ 108.012 (Intraday Buy Trigger)

🛡️ 107.500 (Swing Low Anchor)

Above DCMP (Resistance):

🎯 108.621 (Intraday Sell Zone)

🎯 109.438 (Key Swing High)

🔍 Technical Snapshot

Swing Levels: Recent swing high at 110.176 | Swing low at 107.500 (4hr/Daily timeframe)

Fibonacci Grid: Price consolidating near 61.8% retracement (108.514) of 107.500-110.176 range

MACD: Neutral histogram, bearish crossover potential

RSI: 49 (Neutral, no divergence observed)

💡 Trade Setups

1️⃣ Intraday Buy Opportunity

Entry: 🟢 108.012 (Confluence: Fib 50% + Support Cluster)

Stop Loss: 🔴 107.200 (Below Swing Low)

Take Profit 1: 🟡 108.319 (Daily Pivot Retest)

Take Profit 2: 🟢 108.746 (Lower Resistance)

2️⃣ Intraday Sell Opportunity

Entry: 🔴 108.621 (Fib 78.6% + Resistance Cluster)

Stop Loss: 🟢 109.010 (Above Key Resistance)

Take Profit 1: 🟡 108.012 (Buy Zone)

Take Profit 2: 🟢 107.627 (Support 2)

📊 Strategic Insights

Bullish Catalyst: Sustained hold above 108.012 could target 109.438 resistance

Bearish Risk: Breakdown below 107.500 may accelerate decline toward 106.416

Key Watch: MACD line interaction with zero level for trend confirmation

Analysis combines Fibonacci retracement (107.500-110.176 swing) with volume-based validation. Tight risk management advised in volatile USD environment. ⚡