Published: 2025-08-14T08:15:19.000Z
Chart USD Index DXY Update: Consolidating - daily studies under pressure
Senior Technical Strategist
1
Little change, as prices extend cautious trade beneath congestion resistance at 98.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.00 | ** | congestion | S1 | 97.00 | * | congestion | |
| R3 | 99.00 | * | break level | S2 | 96.50 | congestion | ||
| R2 | 98.50 | congestion | S3 | 96.38 | ** | 1 Jul YTD low | ||
| R1 | 98.00 | * | congestion | S4 | 96.00 | ** | historic congestion |
Asterisk denotes strength of level
09:05 BST - Little change, as prices extend cautious trade beneath congestion resistance at 98.00. Intraday studies are rising, suggesting potential for a test of here. But negative daily readings should limit scope in renewed selling interest beneath further congestion around 98.50. In the coming sessions, further losses are looked for. However, rising weekly charts should limit downside tests in renewed buying interest/consolidation above congestion support at 97.00.