Published: 2025-10-22T08:03:29.000Z
Chart USD Index DXY Update: Poised to extend gains
1
Little change, as prices extend pressure on congestion resistance at 99.00
| 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
08:55 BST - Little change, as prices extend pressure on congestion resistance at 99.00. Mixed daily readings are showing signs of improvement and broader weekly charts are rising, highlighting room for further gains in the coming sessions. A break will improve sentiment and open up stronger resistance at the 99.56 weekly high of 9 October, where fresh consolidation is looked for. A further close above here will improve price action and extend mid-September gains towards 100.00/26. Meanwhile, support remains at congestion around 98.50 and should underpin any immediate setbacks.