DXY is trading in a very tight range in Thursday’s New York session. The level to beat for bulls is the 98.40 resistance level. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DMAs). This Thursday the Greenback is once again challenging the 98.40 level while trading just above the 50 DMA. DXY 4-hour chart DXY keeps pressuring the 98.40 resistance. If the sellers give up and the market breaks above the 98.40 resistance on a daily basis, there is scope for further upside towards the 98.65 and the 99.26 resistances. DXY 30-minute chart DXY is trading above its main SMAs, suggesting a bullish bias in the short term. Support is seen at the 98.30, 98.20 and 98.10 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 Chair Powell: US trade tensions have contributed to manufacturing recession this year FX Street 3 years DXY is trading in a very tight range in Thursday's New York session. The level to beat for bulls is the 98.40 resistance level. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DMAs). This Thursday the Greenback is once again challenging the 98.40 level while trading just above the 50 DMA. DXY 4-hour chart DXY keeps pressuring the 98.40 resistance. If the sellers give up and the market breaks above the 98.40 resistance on a daily basis, there is scope for further upside… 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.