US Dollar Index (DXY) had its worst daily decline since early April. DXY is testing an important support near 99.60 level. DXY daily chart The US Dollar Index (DXY) turned lower this Monday challenging 3-day lows and the 50 SMA on the daily chart. DXY four-hour chart DXY started the trading week with a sharp drop below the 100.00 mark and the main SMAs. The market is challenging the 99.60 support level which was key in May. Bulls could try to lift the market and regain the 100.00 level. However, a clear break below the 99.60 level can lead to more down and decline towards the 99.30 and the 98.90 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 Cryptocurrencies Market News: Crypto majors stall as and Tezos outperforms – Digibyte CEO steps down and DGB tanks & much more FX Street 2 years US Dollar Index (DXY) had its worst daily decline since early April. DXY is testing an important support near 99.60 level. DXY daily chart The US Dollar Index (DXY) turned lower this Monday challenging 3-day lows and the 50 SMA on the daily chart. DXY four-hour chart DXY started the trading week with a sharp drop below the 100.00 mark and the main SMAs. The market is challenging the 99.60 support level which was key in May. Bulls could try to lift the market and regain the 100.00 level. However, a clear break below the 99.60 level… 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.
