[#USDX]
With both EMAs condition forming a Golden Cross intersection and RSI(14) in the Neutral-Bullish area, it is clear that #USDX still has the potential to strengthen toward its nearest resistance level.
Key Levels
1. Resistance. 2 : 99.64
2. Resistance. 1 : 99.41
3. Pivot : 99.04
4. Support. 1 : 98.81
5. Support. 2 : 98.44
Tactical Scenario
Positive Reaction Zone: If the price breaks above 99.41, there is a likelihood that #USDX will move up toward 99.64.
Momentum Extension Bias: If 99.64 is broken, #USDX could attempt to test 100.01.
Invalidation Level / Bias Revision
The upside bias weakens if #USDX falls below 98.44.
Technical Summary
EMA(50) : 99.13
EMA(200): 98.96
RSI(14) : 66.25
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