Search ForexCrunch
  • The US Dollar Index (DXY) is up about 0.38% this Tuesday as the buyers gathered some good momentum. DXY bulls managed to keep the market above 94.44 June 1, swing high.
  • The next resistance to the upside to overcome is likely the 94.83 which was the closing price on May 29.
  • The  94.44 now becomes support.  

DXY 15-minute chart

Spot rate:                94.68
Relative change:    0.40%      
High:                       94.78
Low:                        94.18

Trend:                     Bullish
         
Resistance 1:         94.83 May 29 close
Resistance 2:         95.53 current 2018 high
Resistance 3:         96.00 figure
Resistance 4:         96.51 July 05, 2017

Support 1:              94.44 June 1, swing high
Support 2:              94.00 figure
Support 3:              93.73, 200-period SMA