The index quickly left behind the 98.00 barrier on Wednesday and advanced to fresh 2019 highs near 98.20, where it seems to have met some interim resistance. Souring sentiment in the risk-associated space plus solid US fundamentals continue to lend wings to the buck, which is now targeting the mid-100.00s, where emerges a Fibo retracement of the 2017-2018 drown move. Looking at the broader scenario, the constructive outlook in the greenback is expected to prevail while above the critical 200-day SMA at 96.11. 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 pair stays negative and is now focused on 1.1118, June 2017 lows FX Street 4 years The index quickly left behind the 98.00 barrier on Wednesday and advanced to fresh 2019 highs near 98.20, where it seems to have met some interim resistance. Souring sentiment in the risk-associated space plus solid US fundamentals continue to lend wings to the buck, which is now targeting the mid-100.00s, where emerges a Fibo retracement of the 2017-2018 drown move. Looking at the broader scenario, the constructive outlook in the greenback is expected to prevail while above the critical 200-day SMA at 96.11. 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.
