DXY breached the key 96.40 support earlier on Thursday. Further declines now expose the Fibo level in the 96.00 zone. DXY has come under renewed and moderate selling pressure in past hours, breaking below the key support area in the 96.40/35 band. Below this area is located a Fibo level (of the 2017-2018 drop) just above 96.00 the figure ahead of June’s low at 95.71. The negative outlook on the dollar is expected to remain unaltered while below the 200-day SMA, today at 98.27. 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 Cryptocurrency Market Update: Bitcoin to the moon if $9,500 resistance is broken FX Street 3 years DXY breached the key 96.40 support earlier on Thursday. Further declines now expose the Fibo level in the 96.00 zone. DXY has come under renewed and moderate selling pressure in past hours, breaking below the key support area in the 96.40/35 band. Below this area is located a Fibo level (of the 2017-2018 drop) just above 96.00 the figure ahead of June’s low at 95.71. The negative outlook on the dollar is expected to remain unaltered while below the 200-day SMA, today at 98.27. 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.
