DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA). DXY hit a new 2019 high at 97.78 during the North American session. DXY 4-hour chart There is currently no acceptance above the 97.70 key resistance. DXY 30-minute chart The momentum is bullish however bulls will need a convincing breakout above 97.70 resistance. Failure to retake that price level would see the current up move as a bullish overaction exposing 97.50/40 support to the downside. Alternatively, the bullish scenario would entail a break above 97.70 towards 98.00 resistances. 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/MXN: Tired of testing 2019 lows, rises toward 19.00 FX Street 4 years DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA). DXY hit a new 2019 high at 97.78 during the North American session. DXY 4-hour chart There is currently no acceptance above the 97.70 key resistance. DXY 30-minute chart The momentum is bullish however bulls will need a convincing breakout above 97.70 resistance. Failure to retake that price level would see the current up move as a bullish overaction exposing 97.50/40 support to the downside. Alternatively, the bullish scenario would entail a break above 97.70 towards 98.00… 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.
