DXY is looking to add to Monday’s gains in the mid-98.00s after meeting strong support in the 98.30/20 band in past sessions. This area is also coincident with the proximity of the key 55-day SMA. If sellers regain control, a deeper pullback to the Fibo retracement of the 2017-2018 drop at 97.87 should not be ruled out ahead of a test of the 100-day SMA at 97.80. The resumption of the uptrend should initially visit the 21-day SMA at 98.78 ahead of last week’s top at 99.25. 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 US-China ‘deal’ does not change below-consensus growth views – ABN AMRO FX Street 4 years DXY is looking to add to Monday's gains in the mid-98.00s after meeting strong support in the 98.30/20 band in past sessions. This area is also coincident with the proximity of the key 55-day SMA. If sellers regain control, a deeper pullback to the Fibo retracement of the 2017-2018 drop at 97.87 should not be ruled out ahead of a test of the 100-day SMA at 97.80. The resumption of the uptrend should initially visit the 21-day SMA at 98.78 ahead of last week's top at 99.25. 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.
