Published: 2026-05-06T08:05:23.000Z
Chart USD Index DXY Update: Leaning lower in range
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The anticipated minor test above congestion resistance at 98.50 has not been seen
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | ** | congestion | S1 | 98.00 | * | congestion | |
| R3 | 99.50 | * | congestion | S2 | 97.63 | *** | 17 Apr (m) 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
08:55 BST - The anticipated minor test above congestion resistance at 98.50 has not been seen, as unwinding overbought intraday studies prompt a pullback to congestion support at 98.00. A break beneath here will open up the 97.63 monthly low of 17 April. But mixed daily readings should limit any initial tests in consolidation, before negative weekly charts prompt further losses. A close beneath here will turn turn sentiment negative and confirm continuation of late-March losses below 97.50. Meanwhile, any immediate tests higher should meet renewed selling interest towards 98.50.