Published: 2025-09-25T06:50:30.000Z
Chart USD Index DXY Update: Poised to extend bounce from 96.22, current year low
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Higher in consolidation with bounce from the 97.20 low extending gains from the 96.22 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 99.42 | * | Jun high | S1 | 97.00 | * | congestion | |
| R3 | 99.00 | * | congestion | S2 | 96.38 | ** | 1 Jul low | |
| R2 | 98.50 | * | congestion | S3 | 96.22 | ** | 17 Sep YTD low | |
| R1 | 98.00 | * | congestion | S4 | 96.00 | * | congestion |
Asterisk denotes strength of level
06:45 GMT - Higher in consolidation with bounce from the 97.20 low extending gains from the 96.22 low to approach resistance at the 98.00 level. Daily and weekly studies are tracking higher from oversold areas and suggest scope for break here to open up room for stronger gains to retrace the August/September losses. Higher will see room to congestion at the 98.50/99.00 area. Corrective gains are expected to give way to selling pressure later, below the 97.20/00 area will return focus to critical support at the 96.38/22 lows.