📈 DXY Daily Analysis Based on Main Key Levels – April 21, 2025
- Neom
- Apr 21
- 1 min read
Current Market Price (DCMP): 🌐 98.272
🔍 Critical Price Zones
Resistance (Above DCMP):
R1: 98.516 🛑 (Immediate Ceiling)
R2: 99.658
R3: 100.720
Support (Below DCMP):
S1: 98.516 🟢 (Nearest Floor)
S2: 98.937
S3: 99.197
📊 Technical Snapshot
Swing High: 107.661
Swing Low: 103.197
Price consolidating near 4-week lows after breakdown
RSI: 42 (Bearish momentum building)
MACD: Bearish crossover on daily chart
Fib Levels: 23.6% retracement at 98.516 aligns with intraday sell level

💡 Intraday Trade Setups
1️⃣ Sell Setup
Entry: 98.516 🟥
Stop Loss: 98.720 🛑
Take Profit 1: 98.272 ✅
Take Profit 2: 97.900 ✅
Trigger: Bearish rejection at R1 with oversold RSI
(No valid buy setup identified as all support levels exceed DCMP)
🎯 Conclusion
DXY shows bearish bias below 98.516 resistance. Focus on selling rallies with tight stops. Monitor Fed speakers for USD momentum cues.



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