Published: 2026-04-22T07:58:21.000Z
Chart USD Index DXY Update: Room for a fresh test above 98.50
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The anticipated test of congestion resistance at 98.50 has been pushed back from 98.55~
| 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 - The anticipated test of congestion resistance at 98.50 has been pushed back from 98.55~, as overbought intraday studies unwind, with prices currently trading around 98.30. Oversold daily stochastics are rising and the flat daily Tension Indicator is ticking higher, highlighting room for a fresh test above here. But negative weekly charts should prompt renewed selling interest beneath strong resistance at congestion around 99.00 and the 99.18 high of 8 April. Meanwhile, a close back below congestion support at 98.00, not yet seen, will add weight to sentiment and extend late-March losses back towards 97.50.