The US Dollar Index (DXY) found some resistance at the 94.24 level after bulls tried to reach the high of 2018 made on June 28 at 95.53. DXY is now trying to find some support near 94.83, the May 29 close and the 200-period simple moving average which can lead to a bounce in the short-term. DXY failure to establish a new 2018 high can lead to an extension of the pullback towards 94.44 June 1, swing high. DXY 15-minute chart Spot rate: 94.83 Relative change: 0.00% High: 95.24 Low: 94.77 Trend: Bullish/bear correction Resistance 1: 94.83 May 29 close Resistance 2: 95.24 July 13 high Resistance 3: 95.53 current 2018 high, June 28 Resistance 4: 96.00 figureResistance 5: 96.51 July 05, 2017 Support 1: 94.83 May 29 close Support 2: 94.44 June 1, swing high Support 3: 94.00 figure Support 4: 92.25, daily 200-period SMA 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 WTI sticks to daily gains above $71 as US rig count remains unchanged at 863 FX Street 5 years The US Dollar Index (DXY) found some resistance at the 94.24 level after bulls tried to reach the high of 2018 made on June 28 at 95.53. DXY is now trying to find some support near 94.83, the May 29 close and the 200-period simple moving average which can lead to a bounce in the short-term. DXY failure to establish a new 2018 high can lead to an extension of the pullback towards 94.44 June 1, swing high. DXY 15-minute chart Spot rate: 94.83 Relative change: 0.00% High:… 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.
