DXY - Index About to Kiss 105 or Lower?

20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines

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How I see it:
Head & shoulder 1D structure. Classic lower right shoulder!
Curled 20SMA could offer resistance and/or limit upward attempts.
Will structure be respected for a fall towards 105 or next key support?

KEYNOTE:
Weekly inverse rejection candle close; we'll see if the wick offers any upward assistance.

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Trend Analysis

Feragatname