Chart USD Index DXY Update: Cautious trade - daily studies under pressure
1
Little change, as prices extend cautious/quiet trade above congestion support at 99.50
Levels
Imp
Comment
Levels
Imp
Comment
R4
101.15
**
38.2% ret of 2025-2026 fall
S1
99.50
*
congestion
R3
100.64
**
31 Mar YTD high
S2
99.00
*
congestion
R2
100.31
**
11 Jun (w) high
S3
98.75
29 May (w) low
R1
100.00
**
congestion
S4
98.50
*
congestion
Asterisk denotes strength of level
09:00 BST - Little change, as prices extend cautious/quiet trade above congestion support at 99.50. Daily stochastics and the daily Tension Indicator continue to track lower, highlighting room for a later break. However, mixed/positive weekly charts should limit initial scope in renewed consolidation above further congestion around 99.00. Meanwhile, resistance remains at congestion around 100.00 and extends to the 100.31 weekly high of 11 June. This range should cap any immediate tests higher.