DXY extends the consolidation below 91.00 on Wednesday. A deeper pullback could see the 2020 lows re-visited. The index navigates within a consolidative range below the key barrier at 91.00 the figure so far on Wednesday. Occasional attempts to break above this theme are predicted to meet an interim resistance near 91.40, where sits the 9-month (resistance) line ahead of the Fibo level at 91.92. Above this region, the downside pressure is expected to mitigate somewhat. In the meantime, as long as DXY trades below the 200-day SMA, today at 95.73, the negative view is forecast to prevail. 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 UK PM Johnson’s spokesman: PM is clear there will be no negotiations going into 2021 FX Street 2 years DXY extends the consolidation below 91.00 on Wednesday. A deeper pullback could see the 2020 lows re-visited. The index navigates within a consolidative range below the key barrier at 91.00 the figure so far on Wednesday. Occasional attempts to break above this theme are predicted to meet an interim resistance near 91.40, where sits the 9-month (resistance) line ahead of the Fibo level at 91.92. Above this region, the downside pressure is expected to mitigate somewhat. In the meantime, as long as DXY trades below the 200-day SMA, today at 95.73, the negative view is forecast to prevail. DXY daily… 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.
