- 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