DXY is up for the fifth consecutive day, trading at its highest since October 2019. Targets on the way up are seen near the 99.00 figure and 99.40 price level. DXY daily chart The US dollar index (DXY) is spiking to the upside at fresh 2020 highs while trading above its main simple moving averages (SMAs). DXY four-hour chart As the index is having a strong impulse to the upside, the buyers are likely to keep the pressure on and target the 99.00 figure on the way up. Further up lie the 99.40 resistance if the market gathers enough momentum. Retracements down could find support near the 98.50 and 98.20 price 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 TRON Price Analysis: TRX/USD has had some strong intraday selling volume FX Street 2 years DXY is up for the fifth consecutive day, trading at its highest since October 2019. Targets on the way up are seen near the 99.00 figure and 99.40 price level. DXY daily chart The US dollar index (DXY) is spiking to the upside at fresh 2020 highs while trading above its main simple moving averages (SMAs). DXY four-hour chart As the index is having a strong impulse to the upside, the buyers are likely to keep the pressure on and target the 99.00 figure on the way up. Further up lie the 99.40 resistance if the… 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.
