Published: 2026-04-21T07:50:22.000Z
Chart USD Index DXY Update: Cautious trade
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Little change, as prices extend consolidation above congestion support at 98.00
| 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 | 97.35 | * | 23 Feb (w) low |
Asterisk denotes strength of level
08:40 BST - Little change, as prices extend consolidation above congestion support at 98.00. Intraday studies and oversold daily stochastics are edging higher, suggesting room for a move towards congestion resistance at 98.50. But bearish weekly charts should limit any initial tests in fresh consolidation. Meanwhile, a close back below congestion support at 98.00 will add weight to sentiment and extend late-March losses back towards 97.50. Already oversold daily stochastics could limit any initial tests in short-covering/consolidation.