DXY has failed once again to advance beyond the 97.90 region. Further north of this area aligns the key 200-day SMA at 98.34. DXY remains locked within a consolidative mood with clear topside in the 97.90 region, where converge recent peaks and a Fibo level (of the 2017-2018 drop). If A surpass of this resistance band should open the door to a potential move beyond 98.00 the figure and a test of the critical 200-day SMA, today at 98.35. As long as the 200-day SMA, today at 98.35, caps the upside, further losses are still on the table for the dollar. 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 No change forecasted at the next RBA meeting – UOB FX Street 2 years DXY has failed once again to advance beyond the 97.90 region. Further north of this area aligns the key 200-day SMA at 98.34. DXY remains locked within a consolidative mood with clear topside in the 97.90 region, where converge recent peaks and a Fibo level (of the 2017-2018 drop). If A surpass of this resistance band should open the door to a potential move beyond 98.00 the figure and a test of the critical 200-day SMA, today at 98.35. As long as the 200-day SMA, today at 98.35, caps the upside, further losses are still on the table for the… 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.
