Published: 2026-07-30T08:14:37.000Z
Chart USD Index DXY Update: Consolidating sharp losses
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Sharp losses have broken below 101.00 to reach congestion support at 100.75
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 102.00 | ** | congestion | S1 | 100.75 | congestion | ||
| R3 | 101.80 | ** | 24 Jun YTD high | S2 | 100.35 | ** | 15 Jul (w) low | |
| R2 | 101.50 | intraday break level | S3 | 100.20 | ** | 38.2% ret of Apr-Jun rally | ||
| R1 | 101.00 | ** | congestion base | S4 | 100.00 | ** | congestion |
Asterisk denotes strength of level
09:00 BST - Sharp losses have broken below 101.00 to reach congestion support at 100.75, where mixed intraday studies are prompting a bounce back to 101.00. A test above here cannot be ruled out. But negative daily readings and a tick lower in overbought weekly stochastics should limit scope in renewed selling interest/consolidation beneath resistance at 101.50. In the coming sessions, further tests lower cannot be ruled out. But the positive weekly Tension Indicator and bullish longer-term charts should limit any break below congestion support at 100.75 in renewed buying interest towards the 100.35 weekly low of 15 July.