Published: 2026-04-27T08:07:56.000Z
Chart USD Index DXY Update: Lower in range
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Cautious trade around 98.50 is giving way to a break lower
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | ** | congestion | S1 | 98.00 | ** | congestion | |
| R3 | 99.50 | * | congestion | S2 | 97.63 | * | 17 Apr (w) low | |
| R2 | 99.00/18 | ** | congestion; 8 Apr high | S3 | 97.50 | ** | congestion; 61.8% ret | |
| R1 | 98.50 | * | congestion | S4 | 97.00 | * | congestion |
Asterisk denotes strength of level
08:50 BST - Cautious trade around 98.50 is giving way to a break lower, as intraday studies turn down, with prices currently trading around 98.35. Focus is turning to congestion support at 98.00. But rising daily stochastics and the positive daily Tension Indicator should limit any initial tests in consolidation. Meanwhile, an immediate close back above congestion resistance at 98.50 is expected to give way to consolidation beneath strong resistance within congestion around 99.00 and the 99.18 high of 18 April.