DXY’s upside remains capped around the 97.90 zone. On the downside, there is strong support near 95.70. DXY continues to wobble around the 97.00 mark and remains well immersed into the consolidative range between 95.70 and 97.90. Dollar-bulls need to surpass the 97.90 area – where converge a Fibo level and recent tops – to allow for a potential visit to the critical 200-day SMA at 98.32. The lower end of the range coincides with June’s lows and a breach of this level on a convincing fashion is expected to lead a test of 2020 lows at 94.65 (March 9). 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 clings to modest recovery gains, above mid-0.9400s 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 continues to wobble around the 97.00 mark and remains well immersed into the consolidative range between 95.70 and 97.90. Dollar-bulls need to surpass the 97.90 area – where converge a Fibo level and recent tops – to allow for a potential visit to the critical 200-day SMA at 98.32. The lower end of the range coincides with June’s lows and a breach of this level on a convincing fashion is expected to lead a test of 2020 lows at 94.65 (March 9).… 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.
