DXY broke above the 98.00 handle helped by better-than-expected US data. The level to beat for bulls is the 98.20 and 98.40 price levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the 100/200-day simple moving average (DMA). This Friday, the greenback is trading at fresh weekly highs. DXY 4-hour chart DXY broke above the 98.00 handle and reached the 98.20 resistance as expected. If the buyers keep the pressure on the next level of resistance is seen at the 98.40 level, near the November highs. DXY 30-minute chart The greenback is trading above the main SMAs, suggesting a bullish bias in the near term. Support is seen at the 98.00 and 97.70 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 USD/JPY climbs to fresh daily highs above 108.70 on upbeat US data FX Street 3 years DXY broke above the 98.00 handle helped by better-than-expected US data. The level to beat for bulls is the 98.20 and 98.40 price levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the 100/200-day simple moving average (DMA). This Friday, the greenback is trading at fresh weekly highs. DXY 4-hour chart DXY broke above the 98.00 handle and reached the 98.20 resistance as expected. If the buyers keep the pressure on the next level of resistance is seen at the 98.40 level, near the November highs. … 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.
