The rally in DXY stays unabated around the mid 99.00s. Further north emerges the 2019 high near 99.70 (October 1st). DXY keeps pushing higher in the first half of the week and is already trading at shouting distance from the 2019 top near 99.70. The market remains bid despite the current overbought levels in the dollar, as occasional dips are quickly reversed, and the uptrend resumed. That said, it should not be surprising a test of the triple-digit resistance in the short-term horizon. Looking at the broader picture, the constructive perspective on the dollar is seen unaltered as long as the 200-day SMA at 97.79 holds the downside. 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. FXStreet News share Read Next USD/JPY: The yen is struck FX Street 2 years The rally in DXY stays unabated around the mid 99.00s. Further north emerges the 2019 high near 99.70 (October 1st). DXY keeps pushing higher in the first half of the week and is already trading at shouting distance from the 2019 top near 99.70. The market remains bid despite the current overbought levels in the dollar, as occasional dips are quickly reversed, and the uptrend resumed. That said, it should not be surprising a test of the triple-digit resistance in the short-term horizon. Looking at the broader picture, the constructive perspective on the dollar is seen unaltered as long as… Top 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.
