@JustinBennettfx

YouTube

Avg. Quality

80

Success Rate

37.31

Analysis

67
Correct
25
Fail
28
Pending
3
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
DXY
Long Entry 97.3500 2025-09-18 19:37 UTC
Target 98.6000 Fail 96.6210
Risk/Reward 1 : 2
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DXY
Forex
Technical
1H
Analysis Predict Range Market
The analysis examines the EURUSD and DXY, focusing on critical levels and potential trading strategies following a Fed rate decision. For EURUSD, equal highs around 1.1908 were noted, which the market has recently swept, before a reversal. Key support is around 1.1730, derived from a February trendline and significant bounce points over the past few months. A break below this trendline could trigger a larger reversal down to 1.1564 and potentially 1.1440, levels of previous poor low auctions. The presenter advises caution in buying EURUSD at support, favoring shorts on strength near resistance (1.1778, 1.1806). For the DXY, the market has bounced from a key support level around 96.621, derived from 2011. Resistance is found around 97.70. A weekly close above 97.70 would lead to a test of the 98.60 level.
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