DXY keeps the bearish note unchanged so far this week. Odds for a move to the 200-day SMA near 98.50 stay on the rise. DXY is extending the weekly leg lower after recently breaking below the 100.00 mark. Interim support emerged at weekly lows in the 99.00 zone (Wednesday). If sellers clear this level then a potential move to the monthly low at 98.57 should come to the fore in the very near-term. A deeper pullback is expected to put the key 200-day SMA at 98.47 to the test. 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 EUR/USD: Politicians have a chance to be a game changer for the euro – Rabobank FX Street 2 years DXY keeps the bearish note unchanged so far this week. Odds for a move to the 200-day SMA near 98.50 stay on the rise. DXY is extending the weekly leg lower after recently breaking below the 100.00 mark. Interim support emerged at weekly lows in the 99.00 zone (Wednesday). If sellers clear this level then a potential move to the monthly low at 98.57 should come to the fore in the very near-term. A deeper pullback is expected to put the key 200-day SMA at 98.47 to the test. 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.
