DXY fades the earlier uptick to the 93.90 region on Tuesday. Immediately to the upside is located the key barrier near 94.00. The rally in DXY has so far faltered in the proximity of the 94.00 neighbourhood on turnaround Tuesday. This is a key hurdle where sits the August’s top. A breakout of this area should face a minor resistance at the Fibo level (of the 2017-2018 drop) at 94.20 ahead of the 6-month resistance line near 94.90. Looking at the broader picture, the negative outlook on DXY is seen unchanged while below the 200-day SMA, today at 97.15. 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 NZD/USD: The sharp reversal lower comes to a halt ahead of the 55-DMA at 0.6633 – Credit Suisse FX Street 2 years DXY fades the earlier uptick to the 93.90 region on Tuesday. Immediately to the upside is located the key barrier near 94.00. The rally in DXY has so far faltered in the proximity of the 94.00 neighbourhood on turnaround Tuesday. This is a key hurdle where sits the August’s top. A breakout of this area should face a minor resistance at the Fibo level (of the 2017-2018 drop) at 94.20 ahead of the 6-month resistance line near 94.90. Looking at the broader picture, the negative outlook on DXY is seen unchanged while below the 200-day SMA, today at 97.15. 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.
