DXY has exacerbated the downside after breaching the key support at 99.00 the figure, dropping to the area of fresh 2-week lows. The continuation of the selling impetus carries the potential to spark a deeper pullback to the 55-day SMA at 98.36, where it is expected to lose traction. However, a break below this area on a sustainable fashion could pave the way for a shift to a bearish view, with initial target at the 100-day SMA, today at 97.79. 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 Forex News Today: Daily Trading News share Read Next Eurozone: Growing risks of recession – Westpac FX Street 4 years DXY has exacerbated the downside after breaching the key support at 99.00 the figure, dropping to the area of fresh 2-week lows. The continuation of the selling impetus carries the potential to spark a deeper pullback to the 55-day SMA at 98.36, where it is expected to lose traction. However, a break below this area on a sustainable fashion could pave the way for a shift to a bearish view, with initial target at the 100-day SMA, today at 97.79. 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.
