DXY is continuing to correct down this Monday. The next key supports are seen at the 97.70 and 97.50 levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the 200-day simple moving average (DMA). This Monday the buck dropped to its lowest in height-days below the 50 and 100 DMAs. DXY 4-hour chart DXY is retracing down below the main SMAs, suggesting a bearish bias in the medium term. The market broke below the 98.00 handle The market is now parked just above the 97.70 level. If the bears launch a new attack, the market can decline towards the 97.50 and 97.20 levels DXY 30-minute chart The greenback is trading below the main SMAs, suggesting bearish momentum in the medium term. Resistance is seen at the 98.00 handle followed by the 98.10 and 98.20 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 Fed’s Mester: Forward guidance in future may be tied to economic conditions FX Street 3 years DXY is continuing to correct down this Monday. The next key supports are seen at the 97.70 and 97.50 levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the 200-day simple moving average (DMA). This Monday the buck dropped to its lowest in height-days below the 50 and 100 DMAs. DXY 4-hour chart DXY is retracing down below the main SMAs, suggesting a bearish bias in the medium term. The market broke below the 98.00 handle The market is now parked just above the 97.70 level.… 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.
