Published: 2025-10-01T07:47:47.000Z
Chart USD Index DXY Update: Leaning lower in consolidation
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Extending pullback from the 98.60 high of last week and below the 98.00 level opens up room to 97.20/00 congestion area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 99.42 | * | Jun high | S1 | 97.20 | ** | 23 Sep low | |
| R3 | 99.00 | * | congestion | S2 | 96.38/22 | ** | Jul, 17 Sep YTD lows | |
| R2 | 98.60 | ** | 25 Sep high | S3 | 96.00 | * | figure | |
| R1 | 98.00 | * | Apr low, congestion | S4 | 95.00 | * | congestion |
Asterisk denotes strength of level
07:45 GMT - Extending pullback from the 98.60 high of last week and below the 98.00 level opens up room to the 97.20/00 congestion area. This is expected to underpin and give way to renewed buying interest later to retest the 98.00 congestion and 98.60 high. Clearance here will see room for stronger corrective gains to resistance at the 99.00/99.42 congestion and June high. Break of the 97.20/00 support will expose the 96.38 and 96.22 lows to retest and extend the broader losses from the 2022 year high.