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DXY overall bullish reversal: weekly targets at 101.80
Bias: Bullish 📈
Target (countries): 101.80
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The Big Picture (12M Chart)
*The long-term trend on the annual chart is strongly bullish.
*The sharp decline we witnessed in 2025 was only a temporary decline. The price hit a major support floor at 95.55, left a massive lower tail, and then bounced.
*Total buyers officially protect the floor.
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Weekly Shift (1W Chart)
* Look at the bottom of the current trading range. After reaching the absolute bottom at 95.55, the market stopped falling.
* Over the past few months, the price has been building an upward ladder, showing “higher lows” (HL). This indicates institutional buying pressure.
*We just had a clear bullish breakout (CiSD), which confirms that the weekly momentum has turned from bearish to bullish.
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Next goal (withdrawal of liquidity)
* As the weekly chart is making higher lows, the price is now being magnetically pulled towards the next major set of general buy orders.
*Our immediate target is at 101.80. This area contains the old weekly highs (buy-side liquidity) and the monthly unfilled fair value gap.
* We expect the market to continue pushing higher until it closes the 101.80 gap.
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Game plan
*We carefully look for reasons to buy the dollar (or sell EUR/USD) until the target of 101.80 is reached.
*Any short-term daily pullbacks should maintain support and provide low-risk buy entry points.
* Invalidation: This bullish idea is only paused if the price breaks clearly below the recent higher weekly low (~97.00).
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Would you trade this dollar strength by shorting EU/GU, or would you sit idle until it hits 101.80? Drop your thoughts below!
#ICT #DXY #XAUUSD #BTC #USOIL #SPX500 #NQ #US100
