US Dollar Index (DXY) rebounds from the May’s lows. Strong support is seen in the 99.00/98.80 price zone. DXY daily chart The US Dollar Index (DXY) is finding some solid support near the monthly lows close to the 99.00 level and the 100 SMA on the daily chart. However, the risk appetite mood on Wall Street is diminishing the demand for the greenback. DXY four-hour chart DXY is rebounding from the May’s lows while trading below the main SMAs on the four-hour chart. Buyers are attempting to support the market in the 99.00/98.80 price zone as it has been solid support in the last few months. On the flip side, a convincing break below the mentioned levels can yield an extension down to the 98.20/98.00 support zone. 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 GBP/USD bears seeking a close below 50-D EMA, Brexit talks loom FX Street 3 years US Dollar Index (DXY) rebounds from the May’s lows. Strong support is seen in the 99.00/98.80 price zone. DXY daily chart The US Dollar Index (DXY) is finding some solid support near the monthly lows close to the 99.00 level and the 100 SMA on the daily chart. However, the risk appetite mood on Wall Street is diminishing the demand for the greenback. DXY four-hour chart DXY is rebounding from the May’s lows while trading below the main SMAs on the four-hour chart. Buyers are attempting to support the market in the 99.00/98.80 price zone… 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.
