Published: 2025-10-15T08:20:47.000Z
Chart USD Index DXY Update: Limited tests lower
2
Cautious trade beneath the 99.56 weekly high of 9 October is giving way to selling interest
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.26 | ** | 1 Aug (m) high | S1 | 98.50 | congestion | ||
| R3 | 100.00 | ** | congestion | S2 | 98.00 | * | congestion | |
| R2 | 99.56 | * | 9 Oct (w) high | S3 | 97.50 | * | congestion | |
| R1 | 99.00 | * | congestion | S4 | 97.00 | * | congestion |
Asterisk denotes strength of level
09:05 BST - Cautious trade beneath the 99.56 weekly high of 9 October is giving way to selling interest, with the break below 99.00 currently trading around 98.80. Daily readings have turned down, highlighting room for continuation to congestion support at 98.50. But mixed/positive weekly charts should limit any deeper losses in renewed consolidation above congestion around 98.00. Meanwhile, a close back above 99.00 would help to stabilise price action. But a further close above 99.56 would confirm continuation of mid-September gains towards strong resistance at 100.00/26.