Published: 2026-02-16T08:48:39.000Z
Chart USD Index DXY Update: Consolidating
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Still little change, as prices extend cautious trade around congestion resistance at 97.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 98.50 | * | congestion | S1 | 96.35 | congestion | ||
| R3 | 98.00 | * | congestion | S2 | 96.00 | * | congestion | |
| R2 | 97.50 | ** | congestion | S3 | 95.55 | ** | 27 Jan YTD low | |
| R1 | 97.00 | * | congestion | S4 | 95.25 | ** | 76.4% ret of 2021-2022 rally |
Asterisk denotes strength of level
08:40 GMT - Still little change, as prices extend cautious trade around congestion resistance at 97.00. Intraday studies are mixed/positive, highlighting potential for a test above here. But mixed daily readings and negative weekly charts should limit scope in renewed selling interest beneath further congestion around 97.50. Following cautious trade, fresh losses are looked for. Support is down to congestion around 96.35. A later break will open up congestion around 96.00.