US Dollar Index (DXY) is on the back foot on the second day of the week challenging 2-week lows. More down can be on the cards below the 99.30 level. DXY daily chart The US Dollar Index (DXY) is under pressure challenging 2-week lows and trading below the 50 SMA on the daily chart. DXY four-hour chart DXY weakness extended to the second day of the week after suffering its worst daily decline in 5 weeks on Monday. The greenback can remain under pressure below the 100.00 mark as bears are looking for extra losses towards the 98.90 and 98.40 levels to the downside. Resistances can be seen near the 99.60, 100.00 and 100.40 levels. Additional key levels 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 Fed’s Rosengren says expecting boston fed to reopen before the end of May – CNBC interview FX Street 2 years US Dollar Index (DXY) is on the back foot on the second day of the week challenging 2-week lows. More down can be on the cards below the 99.30 level. DXY daily chart The US Dollar Index (DXY) is under pressure challenging 2-week lows and trading below the 50 SMA on the daily chart. DXY four-hour chart DXY weakness extended to the second day of the week after suffering its worst daily decline in 5 weeks on Monday. The greenback can remain under pressure below the 100.00 mark as bears are looking for extra losses towards… Top 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.
