DXY 4Hour TF - July 13th, 2025DXY 7/13/2025
DXY 4hour Neutral Idea
Monthly - Bearish
Weekly - Bearish
Dailly - Bearish
4hour - Ranging
Keep in mind, we analyze and follow DXY more so as an indicator. The USD makes up for a large portion of trade so it makes sense to analyze it.
Going into this week we can see DXY made an attempt to push higher. Where it closed on Friday is a major zone around 98.000. We’re still majorly bearish on higher time frames so we will keep that in mind throughout this week.
As always, we will mark up two potential paths for this week, they are as follows:
Bullish Breakout - The two main zones we want to bring out attention to are 98.000 resistance and 97.500 support. We will have to wait until price action leaves this area to spot a high quality setup. Look for a convincing push above 98.000 resistance followed by a retest of 98.000 but as support. Look for a higher low to form with bullish confirmation to long on.
Bearish Continuation- Going bearish is still very possible we just need to clear 97.500 support first. Look for a break below 97.500 with a confirmed lower high and convincing bearish setups to short on.
