DXY breached the 94.00 mark and clinched new YTD lows near 93.80. Further south there are support levels at 93.81 and 93.71. The sell-off in DXY has reached fresh 22-month lows in the 93.85/80 band earlier in the session, leaving the prospects of further losses unchanged in the short-term. In fact, further downside is increasingly likely in the current context, allowing for a probable move and test of the September 2018 lows at 93.81 ahead of July 2018 lows near 93.70. The negative outlook on the dollar is expected to remain unaltered while below the 200-day SMA, today at 98.11. DXY weekly 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 Cryptocurrency Market Update: Bitcoin price ultimate test to $17,000 FX Street 3 years DXY breached the 94.00 mark and clinched new YTD lows near 93.80. Further south there are support levels at 93.81 and 93.71. The sell-off in DXY has reached fresh 22-month lows in the 93.85/80 band earlier in the session, leaving the prospects of further losses unchanged in the short-term. In fact, further downside is increasingly likely in the current context, allowing for a probable move and test of the September 2018 lows at 93.81 ahead of July 2018 lows near 93.70. The negative outlook on the dollar is expected to remain unaltered while below the 200-day SMA, today at 98.11.… 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.
