Published: 2025-10-20T07:52:09.000Z
Chart USD Index DXY Update: Early gains not sustained
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The opening gap above 98.50 has been pushed back from 98.67
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | ** | congestion | S1 | 98.00 | * | congestion | |
| R3 | 99.56 | * | 9 Oct (w) high | S2 | 97.50 | * | congestion | |
| R2 | 99.00 | * | congestion | S3 | 97.00 | * | congestion | |
| R1 | 98.50 | congestion | S4 | 96.22 | ** | 17 Sep YTD low |
Asterisk denotes strength of level
08:35 BST - The opening gap above 98.50 has been pushed back from 98.67, with prices currently consolidating around 98.50. Intraday studies are mixed and daily readings are under pressure, suggesting any fresh tests above congestion resistance at 98.50 should meet renewed selling interest towards further congestion around 99.00. In the coming sessions, a fresh test lower is looked for. But rising weekly charts should limit initial scope in consolidation above congestion around 97.50.