Published: 2026-03-12T09:06:55.000Z
Chart USD Index DXY Update: Higher in range - studies improving
1
Cautious trade has given way to anticipated gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.40 | ** | 21 Nov (m) high | S1 | 99.00 | ** | congestion | |
| R3 | 100.00 | ** | congestion | S2 | 98.50 | * | congestion | |
| R2 | 99.68/70 | ** | 3-9 Mar YTD high | S3 | 98.00 | * | congestion | |
| R1 | 99.50 | ** | 15 Jan (m) high, cong | S4 | 97.50 | ** | congestion |
Asterisk denotes strength of level
08:55 GMT - Cautious trade has given way to anticipated gains, with prices currently consolidating the test of resistance at 99.50. Daily readings have ticked higher and broader weekly charts are positive, highlighting room for further strength in the coming sessions. A close above the 99.68/70 current year high of 3-9 March will improve sentiment, and extend late-January gains initially towards congestion resistance at 100.00. Meanwhile, support is raised to congestion around 99.00. A close back beneath here, if seen, will help to stabilise price action and prompt consolidation above further congestion around 98.50.