⚡ DXY Daily Analysis Based on Main Key Levels - April 4, 2025
- Neom
- 15 minutes ago
- 1 min read
Daily Current Market Price (DCMP): 102.574 🔍
Critical Price Framework 🔥
🔴 Resistance Zone (Above 102.574)
Immediate Resistance: 103.338 🚩
Critical Resistance: 104.307 ⚠️
🟢 Support Zone (Below 102.574)
Primary Support: 101.389 🛡️
Critical Floor: 100.083 🛑
Swing Levels 📉
Swing High: 107.661
Swing Low: 103.197
Technical Confluence 🔍
Fibonacci Alignment
103.338 aligns with 50% retracement of Q4 2024 decline
101.389 coincides with 127% extension of March rally
Momentum Indicators
RSI at 68.3 (approaching overbought territory)
MACD histogram shows bearish crossover below signal line
Intraday Trade Setup ⚡
🔴 Sell Trade Idea
Entry: 103.338 🎯
Stop Loss: 104.307 🔴
Take Profit 1: 101.389 📉 (1:2.8 R/R)
Take Profit 2: 100.083 📉 (1:4.5 R/R)
Rationale: Bearish reversal expected at 50% Fib resistance cluster (103.338-104.307) with negative divergence on 4H chart.
Risk Management Protocol ⚠️
Position sizing ≤0.5% of capital
Trailing stop activation at 0.7R profit
Monitor US CPI data releases
Analysis valid until NYBOT closing bell. Chart patterns verified via TradingView.
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