Little to no progress has been made on Wednesday as the market is in wait-and-see mode. 97.70 is the key resistance to break for bulls as the 2019 high can be the next main target. DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). DXY 4-hour chart DXY is trading above its main SMAs suggesting bullish momentum in the medium-term. 97.70 continues to cap the shallow advances. This is a major resistance for bulls to beat. 98.38 level, the 2019 high, remain on the cards for bulls. DXY 30-minute chart A bullish break above 97.70 can see the index travel to 97.90, 98.10 and 98.34 level. Support is seen at 97.50, 97.35 and 97.20 level. Additional key levels 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 WTI bid, could see further upside if trade talks do not completely fall apart, targets $63 handle FX Street 3 years Little to no progress has been made on Wednesday as the market is in wait-and-see mode. 97.70 is the key resistance to break for bulls as the 2019 high can be the next main target. DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). DXY 4-hour chart DXY is trading above its main SMAs suggesting bullish momentum in the medium-term. 97.70 continues to cap the shallow advances. This is a major resistance for bulls to beat. 98.38 level, the 2019 high, remain on the cards for bulls.… 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.
