Published: 2026-10-13T08:19:46.000Z
Chart USD Index DXY Update: Turning away from fresh year high
2
Cautious trade has posted a fresh year high around 102.60
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 103.50 | * | congestion | S1 | 102.00 | ** | congestion | |
| R3 | 103.00 | ** | congestion | S2 | 101.80 | * | 24 Jun (m) high | |
| R2 | 102.85 | ** | 50% ret of 2025-2026 fall | S3 | 101.50 | * | range highs | |
| R1 | 102.60 | ** | 12 Oct YTD high | S4 | 101.00 | ** | congestion |
Asterisk denotes strength of level
09:05 BST - Cautious trade has posted a fresh year high around 102.60, before settling lower as intraday studies turn down. Daily readings are also under pressure, highlighting room for a pullback towards support within the 101.80 monthly high of 24 June and congestion around 102.00. But rising weekly charts should limit any deeper losses in renewed buying interest/consolidation above the 101.50 range highs.
Following cautious/corrective trade, fresh gains are looked for. A later break above 102.60 will extend broad January gains towards the 102.85 Fibonacci retracement. A further close above here will confirm continuation of January gains.