DXY Daily Analysis Based on Main Key Levels - April 17, 2025

💵 Current Market Price (DCMP): 99.499

Key Price Structure

Resistance (Above Price):

🔴 99.874 - Immediate resistance

🔴 100.093 - Strong resistance

🔴 100.449 - Technical sell zone

Support (Below Price):

🟢 99.050 - Critical support

🟢 98.944 - Next demand zone

🟢 98.589 - Swing low

Swing Levels:

📈 Swing High: 107.661

📉 Swing Low: 103.197

Trade Setup 1: Intraday Buy

🎯 Entry: 99.050 (Key support)

⛔ Stop Loss: Below 98.800

💰 Take Profit 1: 99.499

💰 Take Profit 2: 99.874

Technical Confluence:

Bullish RSI divergence forming on 4H chart

61.8% Fibonacci retracement support

MACD histogram showing reducing bearish momentum

Trade Setup 2: Intraday Sell

🎯 Entry: 100.779 (Key resistance)

⛔ Stop Loss: Above 101.000

💰 Take Profit 1: 100.093

💰 Take Profit 2: 99.499

Technical Confluence:

Bearish MACD crossover on daily timeframe

Price rejection at 78.6% Fibonacci extension

Technical Snapshot

📊 Momentum: RSI at 47 (approaching oversold)

📊 Price Action: Testing 99.499 psychological level

📊 Key Range: 99.050-100.779 immediate trading zone

Risk Management Notes

⚠️ Position sizing ≤ 1% of capital per trade

⚠️ Monitor Fed speakers and US economic data for USD impact

⚠️ Key support break at 98.589 would invalidate bullish setup