DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). On Monday, DXY initially appreciated on the back of US-China trade talk tensions, however, the bulls failed to sustain the rebound and the index is about to end the day on its lows near 97.50. DXY 4-hour chart Bulls tried to reverse Friday’s losses but bears are keeping the pressure below 97.70 and the 50 SMA. DXY 30-minute chart Bears are currently trying to break an important support level at 97.50. A break below the support can open the gates to 97.20 and 97.00 level to the downside. Immediate resistance is seen at 97.70 followed by  97.90 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 Ripple’s XRP Price Prediction: XRP/USD battles with the deadly mundane 2019 range – Confluence Detector FX Street 3 years DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). On Monday, DXY initially appreciated on the back of US-China trade talk tensions, however, the bulls failed to sustain the rebound and the index is about to end the day on its lows near 97.50. DXY 4-hour chart Bulls tried to reverse Friday's losses but bears are keeping the pressure below 97.70 and the 50 SMA. DXY 30-minute chart Bears are currently trying to break an important support level at 97.50. A break below the support can open 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.
