💹 DXY 18th March 2025 Daily Analysis Based on Main Key Levels

Current Market Price (CMP): 103.582

🔑 Immediate Price Context

Above CMP (Resistance):

🚨 Immediate Resistance: 103.682

Breakout Threshold: 104.014

Below CMP (Support):

🛡️ Critical Support: 103.350

Downside Target: 102.812

Swing High/Low (Daily/4H):

Swing High: 107.661

Swing Low: 106.126

🔍 Technical Snapshot

Key Levels: Resistance cluster at 103.682–104.014; Support shelf at 103.350–102.812

Fibonacci Zones: 102.991–103.309 aligns with 61.8% retracement; 103.702 marks 50% extension

RSI: Neutral at 51 (no divergence observed)

MACD: Bearish crossover below signal line, indicating near-term weakness

💡 Trade Idea 1: Intraday Buy Setup

Entry Price: 🟢 103.350

Stop Loss: 🔴 103.144 (below swing low confluence)

Take Profit 1: 🟡 103.505 (immediate liquidity zone)

Take Profit 2: 🟢 103.823 (bearish order block retest)

Rationale: Strong confluence at 103.350 with Fibonacci 61.8% support and historical accumulation volume.

💡 Trade Idea 2: Intraday Sell Setup

Entry Price: 🔴 103.682

Stop Loss: 🟢 103.823 (above resistance cluster)

Take Profit 1: 🟡 103.188 (swing low retest)

Take Profit 2: 🔴 102.991 (major Fib support)

Rationale: Resistance retest at 103.682 aligns with MACD bearish crossover and 50% Fib extension.

⚠️ Critical Observations

Breakout Scenario: Sustained close above 104.014 could trigger rally toward 104.552

Risk Threshold: Breakdown below 103.350 invalidates bullish bias, targeting 102.812