Published: 2026-02-19T09:13:10.000Z
Chart USD Index DXY Update: Minor reactions - daily studies continue to rise
1
The anticipated retest of 97.50 has extended to 97.77
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 99.00 | ** | congestion | S1 | 97.50 | ** | congestion | |
| R3 | 98.50 | * | congestion | S2 | 97.00 | * | congestion | |
| R2 | 98.00 | * | congestion | S3 | 96.50 | * | 11 Feb (w) low | |
| R1 | 97.77 | intraday high | S4 | 96.35 | congestion |
Asterisk denotes strength of level
09:00 GMT - The anticipated retest of 97.50 has extended to 97.77, where unwinding overbought intraday studies are prompting a pullback towards congestion support at 97.50. A test beneath here cannot be ruled out. But rising daily readings should prompt renewed buying interest above further congestion around 97.00. Following cautious/corrective trade, fresh gains are looked for. Resistance is up to congestion around 98.00. But mixed/negative weekly charts are expected to prompt renewed selling interest towards here. Meanwhile, a close below 97.50 will turn sentiment neutral and give way to consolidation above 97.00.