Published: 2026-03-04T09:14:09.000Z
Chart USD Index DXY Update: Choppy beneath fresh year high - studies rising
-
Anticipated gains have spiked to a fresh year high at 99.68
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | ** | congestion | S1 | 99.00 | ** | congestion | |
| R3 | 99.68 | 3 Mar YTD high | S2 | 98.50 | * | congestion | ||
| R2 | 99.50 | ** | 15 Jan (m) high, cong | S3 | 98.00 | * | congestion | |
| R1 | 99.25 | ** | 76.4% ret of Nov-Jan fall | S4 | 97.50 | ** | congestion |
Asterisk denotes strength of level
08:45 GMT - Anticipated gains have spiked to a fresh year high at 99.68, before settling lower into choppy trade above congestion support at 99.00. Intraday studies are under pressure, suggesting potential for a test below 99.00. But rising daily and weekly charts should limit scope in renewed buying interest above further congestion around 98.50. Following cautious/choppy trade, fresh gains are looked for. A close above the 99.25 Fibonacci retracement will improve price action and extend late-January gains beyond 99.50 and 99.68 towards congestion around 100.00.