DXY resumes the downside below the 93.00 mark. Extra losses are forecasted if 92.70 is cleared. The index is resuming the downside following Tuesday’s bullish attempt. DXY returns to the sub-93.00 area and opens the door to extra losses in the short-term. The continuation of the downtrend should initially expose 92.70 (low September 10). A deeper pullback carries the potential to test a Fibo level at 91.92 ahead of the 2020 low at 91.75 (September 1). The negative outlook in DXY is seen unchanged while below the 200-day SMA, today at 97.22. DXY daily chart 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 AUD/USD pushes higher toward 0.7350 as USD remains on the back foot FX Street 1 year DXY resumes the downside below the 93.00 mark. Extra losses are forecasted if 92.70 is cleared. The index is resuming the downside following Tuesday’s bullish attempt. DXY returns to the sub-93.00 area and opens the door to extra losses in the short-term. The continuation of the downtrend should initially expose 92.70 (low September 10). A deeper pullback carries the potential to test a Fibo level at 91.92 ahead of the 2020 low at 91.75 (September 1). The negative outlook in DXY is seen unchanged while below the 200-day SMA, today at 97.22. DXY daily chart 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.
