Published: 2026-08-26T08:15:44.000Z
Chart USD Index DXY Update: Cautious trade
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Prices failed to make much headway beyond 99.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.35 | * | 15 Jul (w) low | S1 | 98.60 | ** | 76.4% ret of Apr-Jun rally | |
| R3 | 100.00 | ** | congestion | S2 | 97.95/00 | ** | 61.8% ret; congestion | |
| R2 | 99.50 | ** | congestion | S3 | 97.63 | ** | Apr-May lows | |
| R1 | 99.00 | ** | congestion | S4 | 97.00/05 | ** | congestion; 76.4% ret |
Asterisk denotes strength of level
08:55 BST - Prices failed to make much headway beyond 99.00, with a tick lower in intraday studies prompting a break lower into consolidation around 98.90. Minor slippage is looked for in the coming sessions. But rising daily readings should limit initial scope in renewed consolidation above support at the 98.60 Fibonacci retracement. Broader weekly charts are under pressure, however, pointing to a later break beneath here and extension of late-June losses towards strong support at 97.95/00.
Meanwhile, any retests above congestion resistance at 99.00 should meet fresh selling interest beneath further congestion around 99.50.