DXY (US Dollar Index) is down for a second consecutive day after hitting new 2019 highs on Tuesday. The levels to beat for sellers are the 94.42 and 98.20 support levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DSMAs). The market is correcting down after hitting new 2019 highs on Tuesday. DXY four-hour chart The Greenback is under bearish pressure below the 98.68 resistance. The market reached the 98.42 support and the 50 SMA this Wednesday. DXY is most likely going to extend the current decline towards 98.20 and potentially 97.90 support levels in the medium term. DXY 30-minute chart DXY is trading below its main SMAs, suggesting bearish momentum in the near term. Immediate resistances can be seen at the 98.68 and 98.94 levels. 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 BTC/USD technical analysis: We are about to test the intraday highs FX Street 4 years DXY (US Dollar Index) is down for a second consecutive day after hitting new 2019 highs on Tuesday. The levels to beat for sellers are the 94.42 and 98.20 support levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DSMAs). The market is correcting down after hitting new 2019 highs on Tuesday. DXY four-hour chart The Greenback is under bearish pressure below the 98.68 resistance. The market reached the 98.42 support and the 50 SMA this Wednesday. DXY is most likely going to… 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.
