DXY Technical Analysis: upside stalled just ahead of the 95.00 handle. Hourly support aligns at 94.65.

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  • The index is clinging to its daily gains, looking to extend the rally for the fourth consecutive session despite meeting a tough resistance in the 95.00 neighbourhood.
  • DXY left behind the critical hourly high at 94.45 and moved higher to the boundaries of the key barrier at the 95.00 handle.
  • Daily support comes in at the 94.65 area, coincident with the 21-day sma and the hourly low.

DXY 15M chart

 

 

 

 

 

 

 

Daily high: 94.94

Daily low: 94.65

Support Levels

S1: 94.65 hourly low July 12

S2: 93.91 55-day SMA

S3: 93.71 low July 9

Resistance Levels

R1: 94.95 hourly/weekly high July 12

R2: 95.20 200-week SMA

R3: 95.53 2018 high June 28

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