Published: 2026-01-29T06:00:29.000Z
Chart USD Index DXY Update: Range-bound above 95.55, Tuesday's low
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Higher in range from the 95.55 Tuesday's low as prices consolidate sharp losses from the 99.50 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 98.00 | ** | congestion | S1 | 95.55 | ** | 27 Jan YTD low | |
| R3 | 97.75 | ** | Dec low, congestion | S2 | 95.25 | * | 76.4% 2021/2022 rally | |
| R2 | 97.42 | * | 23 Jan low, gap | S3 | 95.00 | * | congestion | |
| R1 | 97.00 | * | congestion | S4 | 94.63 | * | Jan 2022 year low |
Asterisk denotes strength of level
06:00 GMT - Higher in range from the 95.55 Tuesday's low as prices consolidate sharp losses from the 99.50 high of last week. Bounce see prices unwinding oversold intraday and daily studies but bearish structure keep pressure on the downside and highlight potential for further losses later. Lower will see room to the nearby support at 95.25/95.00, 76.4% Fibonacci level and congestion area. Below this will see continuation to the 2022 year low at 94.63 then the 94.50/94.00 congestion. Meanwhile, resistance is at the 97.00 congestion and the 97.42, Friday's low and gap area.