The index tested and rebounded from the short-term support line near the 94.00 handle on Thursday, charting a bullish ‘outside day’. Market remains constructive, although the buck needs to close above recent tops in the vicinity of 94.90 in order to allow for extra gains. A close above 94.85/90 should open the door for a test of the psychological handle at 95.00 the figure ahead of 2018 peaks in the 95.60/65 band. While above the support line – today at 94.19 – the index should keep the positive bias. DXY daily chart / bullish ‘outside days’ Daily high: 94.83 Daily low: 94.64 Support Levels S1: 94.31 S2: 93.84 S3: 93.61 Resistance Levels R1: 95.01 R2: 95.24 R3: 95.71 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 USD/JPY: temporary top above 113.00? – Commerzbank FX Street 5 years The index tested and rebounded from the short-term support line near the 94.00 handle on Thursday, charting a bullish 'outside day'. Market remains constructive, although the buck needs to close above recent tops in the vicinity of 94.90 in order to allow for extra gains. A close above 94.85/90 should open the door for a test of the psychological handle at 95.00 the figure ahead of 2018 peaks in the 95.60/65 band. While above the support line - today at 94.19 - the index should keep the positive bias. DXY daily chart / bullish 'outside days' … Regulated 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.
