DXY’s downside picks up pace below the 92.00 yardstick. There is an interim support at the 50-day SMA at 91.57. The leg lower in DXY gathers extra steam after breaking below the 92.00 mark on quite a convincing fashion, exposing at the same a deeper pullback. That said, the 50-day SMA near 91.60 should offer interim contention ahead of the more relevant support area around 91.30, where sit weekly lows recorded in mid-March. Below the 200-day SMA (92.26) the outlook for DXY is expected to return to the bearish side. 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 EUR/USD Price Analysis: Further upside could see 1.20 retested FX Street 2 years DXY's downside picks up pace below the 92.00 yardstick. There is an interim support at the 50-day SMA at 91.57. The leg lower in DXY gathers extra steam after breaking below the 92.00 mark on quite a convincing fashion, exposing at the same a deeper pullback. That said, the 50-day SMA near 91.60 should offer interim contention ahead of the more relevant support area around 91.30, where sit weekly lows recorded in mid-March. Below the 200-day SMA (92.26) the outlook for DXY is expected to return to the bearish side. 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.
