US Dollar Index® Futures Forum & Chats (ICEUS:DXZ2018)

2 days ago

Dollar Index at a Critical Pivot: Institutional Trap or Bullish Reversal?
Actionable Trade Setup

BUY at 98.90, near structure break and order block.
TP1: 99.22 (0.618 Fib + FVG)
TP2: 99.35 (0.786 Fib + volume node)
SL: 98.74, below liquidity sweep and bullish OB.

Psychological Checkpoints: Stay disciplined—this setup hinges on institutional footprints and wave symmetry. Avoid chasing if price breaks below 98.74 again. Monitor news for Fed rate cues.

hongnghia246

Time to wake up buddy ! It’s time Pwell !

zakariasaaid

The market is clearly bearish, and I do not recommend buying the dollar at the moment.

If the price breaks through the important zone between 98.525 and 96.725, we could see a move down toward the next zone between 95.935 and 94.790.

This lower zone is a key support level — if it gets broken, the dollar could face a very difficult situation.