DXY gathers further downside traction below the 100.00 mark. Further south aligns recent lows in the 99.15/10 band. DXY is down for the second session in a row, coming under further selling pressure amidst a strong recovery of the riskier assets. The leg lower has intensified after the breakdown of the 100.00 mark on Monday. If the selling bias accelerates, the the area of recent lows in the 99/15/10 band should come into focus in the short-term. A deeper pullback could also contemplate the test of May’s low at 98.57 ahead of the key 200-day SMA, today at 98.45. 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 BoT: Another rate cut expected later this week – UOB FX Street 2 years DXY gathers further downside traction below the 100.00 mark. Further south aligns recent lows in the 99.15/10 band. DXY is down for the second session in a row, coming under further selling pressure amidst a strong recovery of the riskier assets. The leg lower has intensified after the breakdown of the 100.00 mark on Monday. If the selling bias accelerates, the the area of recent lows in the 99/15/10 band should come into focus in the short-term. A deeper pullback could also contemplate the test of May’s low at 98.57 ahead of the key 200-day SMA, today at 98.45. DXY… 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.
