DXY remains under heavy pressure and challenges 98.00. Rising bets for a potential move to the Fibo level at 97.87. DXY came under further pressure and is now navigating t he area of multi-week lows in the 98.00 neighbourhood. Sellers now look to have regained the upper hand and therefore the door is open to further weakness in the dollar in the near-term. That said, there is increasing bets for a deeper pullback to, initially, the Fibo retracement of the 2017-2018 drop at 97.87. 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 GBP/USD hits 2-1/2-week high, around 1.2365 region ahead of Trump FX Street 3 years DXY remains under heavy pressure and challenges 98.00. Rising bets for a potential move to the Fibo level at 97.87. DXY came under further pressure and is now navigating t he area of multi-week lows in the 98.00 neighbourhood. Sellers now look to have regained the upper hand and therefore the door is open to further weakness in the dollar in the near-term. That said, there is increasing bets for a deeper pullback to, initially, the Fibo retracement of the 2017-2018 drop at 97.87. 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.