The index has managed to regain attention and retake the 98.40 area after bottoming out in the 98.00 neighbourhood last Friday. While above the support line, today at 98.02, the near term bullish bias should remain in place, leaving the door open for a potential visit to YTD highs near 99.40 (September 3). If the selling bias resumes, initial contention emerges in the 98.00 area ahead of the Fibo retracement at 97.87. Further south aligns the 55-day and 100-day SMAs at 97.62 and 97.55, respectively. 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 USD/CAD technical analysis: Remains vulnerable near 1-month lows, just above mid-1.3100s FX Street 4 years The index has managed to regain attention and retake the 98.40 area after bottoming out in the 98.00 neighbourhood last Friday. While above the support line, today at 98.02, the near term bullish bias should remain in place, leaving the door open for a potential visit to YTD highs near 99.40 (September 3). If the selling bias resumes, initial contention emerges in the 98.00 area ahead of the Fibo retracement at 97.87. Further south aligns the 55-day and 100-day SMAs at 97.62 and 97.55, respectively. 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.
