DXY (US Dollar Index) is challenging the Tuesday’s highs. The market is nearing an important resistance level at the 98.10 level. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DSMAs). The market is in a small range this Tuesday. DXY 4-hour chart DXY is approaching a critical resistance at the 98.10 level near the 50 SMA. If the buyers manage to have a sustained breakout above this level, the market could test 98.38 on the way up. DXY 30-minute chart The Greenback is trading below a descending 200 SMAs, suggesting a bearish bias in the short term. However, sellers would need to defend the 98.10 resistance and clear 97.95/85 and 97.70 support if they want to generate a meaningful breakdown towards the 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 Gold rises above $1,530 as US T-bond yields push lower FX Street 4 years DXY (US Dollar Index) is challenging the Tuesday's highs. The market is nearing an important resistance level at the 98.10 level. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DSMAs). The market is in a small range this Tuesday. DXY 4-hour chart DXY is approaching a critical resistance at the 98.10 level near the 50 SMA. If the buyers manage to have a sustained breakout above this level, the market could test 98.38 on the way up. … 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.
