Published: 2026-09-04T08:19:58.000Z
Chart USD Index DXY Update: Limited tests higher - studies under pressure
-
The anticipated test below congestion support at 99.00 has bounced from 98.85~
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 101.00 | ** | congestion | S1 | 99.00 | ** | congestion | |
| R3 | 100.35 | * | 15 Jul (w) low | S2 | 98.60 | ** | 76.4% ret of Apr-Jun rally | |
| R2 | 100.00 | ** | congestion | S3 | 97.95/00 | ** | 61.8% ret; congestion | |
| R1 | 99.50 | ** | congestion | S4 | 97.63 | ** | 17 Apr - 6 May (m) lows |
Asterisk denotes strength of level
08:55 BST - The anticipated test below congestion support at 99.00 has bounced from 98.85~, as oversold intraday studies turn higher, with prices currently trading around 99.05. Overbought daily stochastics continue to unwind and the positive daily Tension Indicator is flattening, suggesting room for fresh losses in the coming sessions. A break back below 99.00 will open up the 98.60 Fibonacci retracement. Continuation beneath here will add weight to sentiment and extend late-June losses towards strong support within 97.95/00.
Meanwhile, resistance is up to congestion around 99.50 and should cap any immediate tests higher.