Published: 2026-06-23T08:06:29.000Z
Chart USD Index DXY Update: Pressuring strong resistance at the 101.15 Fibonacci retracement
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Cautious trade above support at the 100.64 monthly high of 31 March has posted a fresh year high at strong resistance at the 101.15 Fibonacci retracement
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 103.00 | minor congestion | S1 | 100.64 | ** | 31 Mar (m) high | ||
| R3 | 102.85 | ** | 50% ret of 2025-2026 fall | S2 | 100.00 | ** | congestion | |
| R2 | 102.00 | ** | congestion | S3 | 99.50 | * | congestion | |
| R1 | 101.15 | ** | 38.2% ret of 2025-2026 fall | S4 | 99.00 | * | congestion |
Asterisk denotes strength of level
09:00 BST - Cautious trade above support at the 100.64 monthly high of 31 March has posted a fresh year high at strong resistance at the 101.15 Fibonacci retracement. Daily readings continue to rise and broader weekly charts are also positive, highlighting room for a later break above here. A close above 101.15 will improve sentiment and extend January gains initially towards congestion around 102.00. Meanwhile, a close below 100.64, if seen, will turn sentiment neutral and give way to consolidation above congestion support at 100.64.