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  • The index remains vulnerable today, down for yet another session and putting the key support area around 94.30 to the test.
  • The weak note around DXY stays unchanged, particularly after breaking below the key short-term support line off June’s low at 93.19 (today at 95.29).
  • Further downside could test 94.20 (38.2% Fibo retracement of the 2017-2018 drop) ahead of 94.08 (late July low).

DXY daily chart

 

 

 

 

 

 

 

 

Daily high: 94.61

Daily low: 94.30

Support Levels

S1: 94.32

S2: 94.11

S3: 93.79

Resistance Levels

R1: 94.85

R2: 95.17

R3: 95.38

Expert score

5

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