Published: 2025-09-26T06:57:22.000Z
Chart USD Index DXY Update: Extending gains
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Rally to regain the 98.00 level see prices extending gains from the 96.22 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 101.00 | * | congestion | S1 | 98.00 | * | Apr low | |
| R3 | 100.00/25 | ** | congestion, 1 Aug high | S2 | 97.60 | * | 12 Jun low, congestion | |
| R2 | 99.42 | * | Jun high | S3 | 97.20 | ** | 23 Sep low | |
| R1 | 99.00 | * | congestion | S4 | 96.38/22 | ** | Jul, 17 Sep lows |
Asterisk denotes strength of level
06:45 GMT - Rally to regain the 98.00 level see prices extending gains from the 96.22 low. Bullish momentum from the latter turn focus to 99.00 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 retest 99.42 June high. Beyond this will expose the 100.00/25 high to retest. Meanwhile, support is raised to the 98.00/97.60 area which should underpin and limit corrective pullback.