DXY is struggling for direction in the 98.40 region, managing to rebound from Thursday’s lows near the 98.00 handle. A negative surprise at today’s US Payrolls could encourage sellers to return to the market and drive the buck lower to, initially, the short-term support line at 97.96. A breach of this level should allow for a deeper retracement to the 55-day SMA at 97.58. In the meantime, the bullish view is expected to persist while the support line, today at 97.96, 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 Litecoin price analysis: LTC/USD moves above $67.00, back on recovery track FX Street 4 years DXY is struggling for direction in the 98.40 region, managing to rebound from Thursday's lows near the 98.00 handle. A negative surprise at today's US Payrolls could encourage sellers to return to the market and drive the buck lower to, initially, the short-term support line at 97.96. A breach of this level should allow for a deeper retracement to the 55-day SMA at 97.58. In the meantime, the bullish view is expected to persist while the support line, today at 97.96, 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.
