The dollar index (DXY) hourly chart shows an upside break of the falling trendline and an inverse head-and-shoulders breakout. So, the pullback from the recent high of 95.53 has ended, however, upside may lose momentum as the hourly RSI is flashing overbought conditions. Hourly chart Spot Rate: 94.73 Daily High: 94.79 Daily Low: 94.69 Trend: Cautiously bullish Resistance R1: 95.02 (May 29 high) R2: 95.30 (June 19 high) R3: 95.53 (June 21 high) Support S1: 94.69 (session low) S2: 94.47 (inverse head-and-shoulders neckline support) S3: 94.00 (psychological support) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold sinking into $1,240, looking for a new low for 2018 FX Street 4 years The dollar index (DXY) hourly chart shows an upside break of the falling trendline and an inverse head-and-shoulders breakout. So, the pullback from the recent high of 95.53 has ended, however, upside may lose momentum as the hourly RSI is flashing overbought conditions. Hourly chart Spot Rate: 94.73 Daily High: 94.79 Daily Low: 94.69 Trend: Cautiously bullish Resistance R1: 95.02 (May 29 high) R2: 95.30 (June 19 high) R3: 95.53 (June 21 high) Support S1: 94.69 (session low) S2: 94.47 (inverse head-and-shoulders neckline support) S3: 94.00 (psychological support) Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
