Published: 2025-08-05T08:10:03.000Z
Chart USD Index DXY Update: Limited tests higher
Senior Technical Strategist
3
Little change, as prices extend cautious trade beneath resistance at 99.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.65 | ** | 76.4% ret of May-Jul fall | S1 | 98.00 | * | congestion | |
| R3 | 100.54 | ** | 29 May (w) high | S2 | 97.00 | * | congestion | |
| R2 | 100.00 | ** | congestion | S3 | 96.50 | congestion | ||
| R1 | 99.00 | * | break level | S4 | 96.38 | ** | 1 Jul YTD low |
Asterisk denotes strength of level
09:00 BST - Little change, as prices extend cautious trade beneath resistance at 99.00. Intraday studies are rising, suggesting room for a test above here. But negative daily stochastics and the flattening positive daily Tension Indicator are expected to limit initial scope in renewed selling interest beneath congestion around 100.00. Meanwhile, support remains down to congestion around 98.00. Rising weekly charts should limit any initial tests in fresh consolidation.