DXY manages to rebound from Tuesday’s low in sub-100.00 levels. The immediate up barrier emerges at weekly peaks around 101.00. DXY has managed to regain some poise and reclaim the key 100.00 mark on Wednesday after bottoming out near 99.80 in the previous session. If sellers regain the upper hand, then the 55-day SMA at 98.85 should provide interim support ahead of the late-March lows near 98.30. This is considered the last defence for a test of the key 200-day SMA, today at 98.12. On the upside, a move above weekly tops around 101.00 the figure should open the door to a potential move to YTD highs in the boundaries of the 103.00 mark. 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 RBA: Rates and QE expected to remain unchanged near term – UOB FX Street 2 years DXY manages to rebound from Tuesday’s low in sub-100.00 levels. The immediate up barrier emerges at weekly peaks around 101.00. DXY has managed to regain some poise and reclaim the key 100.00 mark on Wednesday after bottoming out near 99.80 in the previous session. If sellers regain the upper hand, then the 55-day SMA at 98.85 should provide interim support ahead of the late-March lows near 98.30. This is considered the last defence for a test of the key 200-day SMA, today at 98.12. On the upside, a move above weekly tops around 101.00 the figure should open the door… 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.
