Published: 2025-09-19T08:17:46.000Z
Chart USD Index DXY Update: Extending corrective gains
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Anticipated gains have reached congestion resistance at 97.50
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 99.00 | * | congestion | S1 | 97.00 | * | congestion | |
| R3 | 98.50 | congestion | S2 | 96.38 | ** | 1 Jul (m) low | ||
| R2 | 98.00 | * | congestion | S3 | 96.22 | ** | 17 Sep YTD low | |
| R1 | 97.50 | * | congestion | S4 | 96.00 | * | historic congestion |
Asterisk denotes strength of level
09:05 BST - Anticipated gains have reached congestion resistance at 97.50. However, intraday studies continue to rise and daily readings are also improving, highlighting room for continuation beyond here towards further congestion around 98.00. However, broader weekly charts continue to deteriorate, suggesting any initial tests could give way to consolidation. Meanwhile, support is raised to congestion around 97.00, and should underpin any immediate setbacks. A close beneath here, not yet seen, will add weight to sentiment and open up a test of critical support within the 96.22/38 range.