Published: 2025-12-03T09:40:01.000Z
Chart USD Index DXY Update: Under pressure
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Choppy trade beneath resistance at the 99.50 break level is giving way to selling interest
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.54 | ** | 29 May (w) high | S1 | 99.00 | * | congestion | |
| R3 | 100.40 | ** | 21 Nov (m) high | S2 | 98.50 | * | congestion | |
| R2 | 100.00 | ** | congestion | S3 | 98.00 | * | congestion | |
| R1 | 99.50 | * | break level | S4 | 98.00 | * | congestion |
Asterisk denotes strength of level
09:15 GMT - Choppy trade beneath resistance at the 99.50 break level is giving way to selling interest, as intraday studies turn down, with focus on congestion support at 99.00. Daily readings are bearish and overbought weekly stochastics are unwinding, highlighting room for a break and continuation of late-November losses towards further congestion around 98.50. Meanwhile, a close back above 99.50, not seen, would help to stabilise price action and prompt consolidation beneath congestion around 100.00