The sharp down move in the index found decent support in the 95.50/40 region for the time being, where sits the key 21-day SMA and the 200-week SMA. DXY is extending the rejection from last week’s fresh 13-month tops in levels just shy of the 97.00 milestone (August 15), all in response to recent comments by President Trump and a somewhat better mood in the EM FX space. In spite of the ongoing correction lower, the prospect for the greenback remains constructive as long as the support line off June’s low underpins (today at 94.66). While this area holds, another visit to recent tops near 97.00 the figure should not be ruled out. DXY daily chart Daily high: 95.80 Daily low: 95.44 Support Levels S1: 95.58 S2: 95.35 S3: 94.94 Resistance Levels R1: 96.22 R2: 96.63 R3: 96.86 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 US stocks continue scaling higher on trade optimism FX Street 5 years The sharp down move in the index found decent support in the 95.50/40 region for the time being, where sits the key 21-day SMA and the 200-week SMA. DXY is extending the rejection from last week's fresh 13-month tops in levels just shy of the 97.00 milestone (August 15), all in response to recent comments by President Trump and a somewhat better mood in the EM FX space. In spite of the ongoing correction lower, the prospect for the greenback remains constructive as long as the support line off June's low underpins (today at 94.66). While this area holds, another… 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.
