Published: 2025-11-14T06:40:03.000Z
Chart USD Index DXY Update: Under pressure
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Consolidating test of the 99.00 level but pressure building on the downside and see room for break to further retrace the September/November rally
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 101.00 | * | congestion | S1 | 99.00 | * | congestion | |
| R3 | 100.54 | * | 29 May high | S2 | 98.57 | * | 28 Oct low | |
| R2 | 100.36 | ** | 5 Nov high | S3 | 98.00 | * | congestion | |
| R1 | 100.00 | * | congestion | S4 | 97.46 | * | 1 Oct low |
Asterisk denotes strength of level
06:30 GMT - Consolidating test of the 99.00 level but pressure building on the downside and see room for break to further retrace the September/November rally. Weekly studies are unwinding overbought readings and suggest room for extension to support at 98.57 then the 98.00 congestion. Meanwhile, resistance remains at the 100.00 level and extends to the 100.36, 5 November high. Close above here, but not expected, will see room for stronger gains to retrace the January/September losses to the 100.54 resistance and 101.00 congestion.