Published: 2026-10-05T03:21:37.000Z
Chart USD Index DXY Update: Extending gains
1
Consolidation below the 102.20 high of last week has given way extension to reach fresh year high at 102.50
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 104.00 | * | congestion | S1 | 102.20 | * | 1 Oct high | |
| R3 | 103.20 | ** | Mar low, channel | S2 | 101.80 | ** | Jun high | |
| R2 | 103.00 | * | congestion | S3 | 101.65 | * | Jul high | |
| R1 | 102.85 | * | 50% 2025/2026 fall | S4 | 101.00 | * | congestion |
Asterisk denotes strength of level
03:10 GMT - Consolidation below the 102.20 high of last week has given way extension to reach fresh year high at 102.50. Further gains remains in focus to extend bullish break of the 101.80 June high last week towards 50% Fibonacci level at 102.85 then the 103.20 March low and channel resistance where reaction can be expected. Meanwhile, support starts at 102.20 high of last week then the 101.80/101.65, June/July highs, which should underpin. Would take break here to fade the upside pressure and see room for deeper pullback to retrace gains from the 98.60/98.55, September/August lows.