DXY’s upside remains capped around the 97.90 zone. On the downside, there is strong support near 95.70. DXY regains some ground lost on Monday’s sell-off to the mid-96.00s, where decent contention turned up so far. Looking at the broader picture, the consolidative range appears unchanged around the index, which is expected to navigate between 95.70 and 97.90 for the time being. Furthermore, while below the critical 200-day SMA, today at 98.30, the outlook for the dollar is seen as negative. 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 USD/CHF: Negative bias while below 0.9491 – Commerzbank FX Street 3 years DXY’s upside remains capped around the 97.90 zone. On the downside, there is strong support near 95.70. DXY regains some ground lost on Monday’s sell-off to the mid-96.00s, where decent contention turned up so far. Looking at the broader picture, the consolidative range appears unchanged around the index, which is expected to navigate between 95.70 and 97.90 for the time being. Furthermore, while below the critical 200-day SMA, today at 98.30, the outlook for the dollar is seen as negative. DXY daily chart 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.
