Search ForexCrunch
  • The up move in the index remains well and sound so far this week, managing to retake the 95.00 handle and above.
  • A daily close above 94.91 (high July 27) is needed in order to reassert the upside note with immediate target at the mid-95.00s (June’s peaks), considered the last defence for a test of 2018 top at 95.65 (July 19).
  • Furthermore, the bid bias is expected to stay unchanged while above the short-term support line, today near 94.30, and the daily cloud.

DXY daily chart







Daily high: 95.06

Daily low: 94.61

Support Levels

S1: 94.54

S2: 94.40

S3: 93.32

Resistance Levels

R1: 94.76

R2: 94.84

R3: 94.98