DXY decelerates and finds some resistance near 98.10. Support levels can be seen near 97.80 and 97.55. DXY daily chart The market is trading in a bull trend above the main daily simple moving averages (DSMAs) as well as the 97.55 support. DXY 4-hour chart DXY is trading above its main SMAs, suggesting bullish momentum. Bulls lost some ground this Monday as the market is currently rejecting 98.10 resistance. Bulls need to overcome this level if they want to reach the 2019 high at 98.38. DXY 30-minute chart DXY is trading below the 50 SMA, suggesting a potential pullback in the near term. Support levels can be located near 97.80 and 97.55. 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 GBP/USD technical analysis: Cable ends the day at its lowest in 2 years, sub-1.2240 FX Street 4 years DXY decelerates and finds some resistance near 98.10. Support levels can be seen near 97.80 and 97.55. DXY daily chart The market is trading in a bull trend above the main daily simple moving averages (DSMAs) as well as the 97.55 support. DXY 4-hour chart DXY is trading above its main SMAs, suggesting bullish momentum. Bulls lost some ground this Monday as the market is currently rejecting 98.10 resistance. Bulls need to overcome this level if they want to reach the 2019 high at 98.38. DXY 30-minute chart DXY… 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.
