DXY is seeing some light at the end of the tunnel following the sharp Fed-induced sell-off to the vicinity of 95.70 on Wednesday, around the key 200-day SMA. A breach of this area of support should allow for a retracement to 95.16, late January low. On the broader picture, the greenback’s stance still appears constructive while above the short-term support line, today at 95.51. 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 bullish attempt falters at the 5-month resistance line at 1.1416 FX Street 4 years DXY is seeing some light at the end of the tunnel following the sharp Fed-induced sell-off to the vicinity of 95.70 on Wednesday, around the key 200-day SMA. A breach of this area of support should allow for a retracement to 95.16, late January low. On the broader picture, the greenback's stance still appears constructive while above the short-term support line, today at 95.51. 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.
