Published: 2025-10-17T08:17:04.000Z
Chart USD Index DXY Update: Leaning lower
2
Steady losses are meeting support just above congestion around 98.00
| 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
09:05 BST - Steady losses are meeting support just above congestion around 98.00, as oversold intraday studies flatten, with prices currently trading around 98.20. Daily readings continue to track lower, highlighting room for a later break beneath here towards further congestion around 97.50. But mixed weekly charts should limit any initial tests in renewed consolidation. Meanwhile, resistance is lowered to 98.50. A close above here, if seen, will help to stabilise price action and prompt consolidation beneath 99.00.