Published: 2026-07-27T08:16:29.000Z
Chart USD Index DXY Update: Cautious trade
1
Cautious trade around resistance at 101.50 has given way to a pullback
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 102.85 | ** | 38.2% ret of 2025-2026 fall | S1 | 101.00 | ** | congestion base | |
| R3 | 102.00 | ** | congestion | S2 | 100.75 | congestion | ||
| R2 | 101.80 | ** | 24 Jun YTD high | S3 | 100.35 | * | 15 Jul (w) low | |
| R1 | 101.50 | intraday break level | S4 | 100.00/20 | ** | congestion; 38.2% ret |
Asterisk denotes strength of level
09:00 BST - Cautious trade around resistance at 101.50 has given way to a pullback, with prices currently trading around 101.25. Intraday studies are falling, pointing to room for continuation towards support at 101.00. However, mixed/positive daily and weekly readings should limit any initial tests in consolidation. A break, if seen, would add weight to sentiment and extend losses towards strong support at the 100.35 weekly low of 15 July. Meanwhile, resistance remains at 101.50 and extends to critical resistance at the 101.80 current year high of 24 June. This range should cap any immediate tests higher.