DXY - Boxed Between 100 and 96 🧱📉

[theSignalyst]

DXY has been trending lower on the weekly and is now hovering just beneath the 99–100 resistance band after repeated rejections.

The nearest support sits at 96–95 . As long as price is capped below 99–100, I’ll expect more chop/downside into that support. A clean weekly close above 100 would flip the bias and open a move toward 106–107.

What’s your plan — fade rallies into 100, or wait for a weekly reclaim to ride toward 106–107?

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

[jacson4]

Nice levels — below 100 still looks like chop to me. I’d fade rallies until proven otherwise.

[Nahid10]

Agree on 96–95 being key support. If that cracks, lower targets come fast.