DXY (US Dollar Index) is recovering after the sharp Friday’s decline. The levels to beat for bears are at 97.95 and 97.85. DXY daily chart DXY (US Dollar Index) trading in a bull trend above the main daily simple moving averages (DSMAs). The market is consolidating the sharp drop seen last Friday. DXY 4-hour chart DXY remains under pressure below 98.10 and the 50 SMA. Bears will need to clear 97.95/85 and 97.70 support if they want to create a meaningful breakdown towards the 97.20 level. DXY 30-minute chart The Greenback is trading below a downward sloping 100/200 SMAs, suggesting bearish momentum in the short term. The main resistance to break for bulls is the 98.10 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 The head of Global Institutional Markets team believes that Moneygram drives XRP volumes FX Street 4 years DXY (US Dollar Index) is recovering after the sharp Friday's decline. The levels to beat for bears are at 97.95 and 97.85. DXY daily chart DXY (US Dollar Index) trading in a bull trend above the main daily simple moving averages (DSMAs). The market is consolidating the sharp drop seen last Friday. DXY 4-hour chart DXY remains under pressure below 98.10 and the 50 SMA. Bears will need to clear 97.95/85 and 97.70 support if they want to create a meaningful breakdown towards the 97.20 level. DXY 30-minute chart 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.
