The US Dollar Index may test its key support at a four-month low of 103.34. The 14-day RSI remains below 30, indicating oversold conditions and potential for an upside correction. On the upside, initial resistance is seen at the nine-day EMA at 104.34.
Indeks Dolar AS (DXY), yang mengukur nilai Dolar AS (USD) terhadap enam mata uang utama lainnya, tetap stabil setelah mencatatkan kenaikan di sesi sebelumnya, perdagangan sekitar 103,60 selama jam perdagangan sesi Asia pada hari Kamis. Namun, analisis teknis pada grafik harian menunjukkan bias bearish yang persisten, dengan indeks bergerak turun dalam pola saluran menurun. Indeks Dolar AS yang diterbitkan di bawah Exponential Moving Averages (EMA) sembilan dan 50 hari, menunjukkan tren jangka pendek dan menengah yang melemahkan. Namun, Relative Strength Index (RSI) 14-hari tetap di bawah 30, menunjukkan kondisi jenuh jual dan potensi untuk koreksi ke atas.
On the downside, the US Dollar Index may test support primarily at the four-month low of 103.34, set on November 6, followed by the lower bound of the repeated descending channel at 103.00. A break below this critical support zone could reinforce the bearish outlook, pushing the index towards a five-month low of 100.68. The DXY may face initial resistance at the nine-day EMA of 104.34. A break above this level could strengthen the near-term price momentum, pushing the index towards the 50-day EMA of 106.44, followed by the upper bound of the descending channel at 106.70.
Nice trendline diagram you got there, it's been long I see such a double type. However, from my chart below, a possible correction may happen due to the emerging candle pattern.
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