On the H4 timeframe, if DXY sustains above the 103.50 support zone, which coincides with the 38.2% Fibonacci retracement, a further rally towards the 104.20 might occur. A breach above the 104.20 resistance could prompt a further rise towards the 105.00 resistance.
Conversely, a break below 103.50 could see a further price retracement towards 103.00 as the next potential support.
Are you buying or selling?
Swipe to read additional global market news 🌍📰
Exness
https://one.exness-track.com/intl/th/a/mq2km0l5
%20TPCC2.jpg)
.png){kind=logo}
