💡 DXY 4H Outlook – Key Levels & Potential Scenarios
Price is currently testing an important supply zone (97.7 – 98.0) after showing a strong recovery. From here, I’m watching two possible outcomes:
🔼 Bullish Scenario
If buyers manage to hold above the 97.7 – 98.0 supply zone, we could see continuation toward the next major resistance between 98.2 – 98.6.
Break & retest of 98.0 would be a strong confirmation for buyers.
🔽 Bearish Scenario
If the 97.7 – 98.0 area rejects strongly, price could reverse back down toward the demand zone (96.4 – 96.6) for liquidity grab.
This zone has previously acted as a strong reaction point.
⚔️ Key Levels to Watch
Resistance: 98.0 | 98.2 | 98.6
Support: 97.4 | 96.6
📊 This setup gives both bulls and bears opportunities depending on how price reacts at these zones.
✅ If you enjoy this type of analysis, make sure to follow me so you don’t miss the next updates.
💼 For those who want account management services (personal or funded accounts), feel free to reach out – I can help you grow consistently with risk management and proven strategies.
Price is currently testing an important supply zone (97.7 – 98.0) after showing a strong recovery. From here, I’m watching two possible outcomes:
🔼 Bullish Scenario
If buyers manage to hold above the 97.7 – 98.0 supply zone, we could see continuation toward the next major resistance between 98.2 – 98.6.
Break & retest of 98.0 would be a strong confirmation for buyers.
🔽 Bearish Scenario
If the 97.7 – 98.0 area rejects strongly, price could reverse back down toward the demand zone (96.4 – 96.6) for liquidity grab.
This zone has previously acted as a strong reaction point.
⚔️ Key Levels to Watch
Resistance: 98.0 | 98.2 | 98.6
Support: 97.4 | 96.6
📊 This setup gives both bulls and bears opportunities depending on how price reacts at these zones.
✅ If you enjoy this type of analysis, make sure to follow me so you don’t miss the next updates.
💼 For those who want account management services (personal or funded accounts), feel free to reach out – I can help you grow consistently with risk management and proven strategies.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.