The index has receded from recent tops in levels just shy of monthly highs beyond 97.50 (April 2). Upside momentum in DXY looks firm and is now targeting the 97.50/55 band, considered the last defence for a potential test of yearly peaks in the 97.70 region. Looking at the broader scenario, the positive stance in the buck is expected to persist as long as the critical 200-day SMA at 96.06 underpins. DXY daily chart 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 EUR/USD Technical Analysis: The pair’s outlook remains bearish below 1.1380, resistance line FX Street 4 years The index has receded from recent tops in levels just shy of monthly highs beyond 97.50 (April 2). Upside momentum in DXY looks firm and is now targeting the 97.50/55 band, considered the last defence for a potential test of yearly peaks in the 97.70 region. Looking at the broader scenario, the positive stance in the buck is expected to persist as long as the critical 200-day SMA at 96.06 underpins. DXY daily chart 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.
