Published: 2025-12-22T09:19:27.000Z
Chart USD Index DXY Update: Price action turning cautious
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Little change, as prices extend cautious trade above congestion support at 98.50
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | ** | congestion | S1 | 98.50 | * | congestion | |
| R3 | 99.50 | * | break level | S2 | 98.00 | * | congestion | |
| R2 | 99.31 | * | 9 Dec (w) high | S3 | 97.80 | ** | 61.8% ret of Sep-Nov rally | |
| R1 | 99.00 | * | congestion | S4 | 97.50 | congestion |
Asterisk denotes strength of level
09:10 GMT - Little change, as prices extend cautious trade above congestion support at 98.50. Intraday studies are under pressure, highlighting room for a test back beneath here. But rising daily readings should limit initial scope in renewed consolidation above strong support at the 97.80 Fibonacci retracement and congestion around 98.00. Broader weekly charts are negative, however, pointing to room for a later break beneath here and continuation of late-November losses. Meanwhile, resistance remains up to congestion around 99.00, and should cap any immediate tests higher.