The index is prolonging the weekly leg lower for the second session in a row today after failing just ahead of 94.90 on Tuesday. However, the constructive outlook in the buck stays well and sound while above the immediate support line, today around 94.12. DXY needs to regain and close above Tuesday’s peak at 94.90 in order to resume the upside pressure and allow another potential challenge to levels above 95.00 the figure. In the meantime, on the daily chart, the buck continues to trade above the cloud and within a broad sideline theme prevailing since June. DXY daily chart Daily high: 94.67 Daily low: 94.43 Support Levels S1: 94.38 S2: 94.16 S3: 93.92 Resistance Levels R1: 94.84 R2: 95.08 R3: 95.30 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: New home sales expected to cool by 3.1% – TDS FX Street 5 years The index is prolonging the weekly leg lower for the second session in a row today after failing just ahead of 94.90 on Tuesday. However, the constructive outlook in the buck stays well and sound while above the immediate support line, today around 94.12. DXY needs to regain and close above Tuesday's peak at 94.90 in order to resume the upside pressure and allow another potential challenge to levels above 95.00 the figure. In the meantime, on the daily chart, the buck continues to trade above the cloud and within a broad sideline theme prevailing since June. DXY daily chart… 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.
