Published: 2026-07-24T08:15:28.000Z
Chart USD Index DXY Update: Immediate gains to remain limited
1
Consolidation has given way to a sharp bounce to resistance at 101.50
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 102.85 | ** | 38.2% ret of 2025-2026 fall | S1 | 101.00 | ** | congestion base | |
| R3 | 102.00 | ** | congestion | S2 | 100.75 | congestion | ||
| R2 | 101.80 | ** | 24 Jun YTD high | S3 | 100.35 | * | 15 Jul (w) low | |
| R1 | 101.50 | intraday break level | S4 | 100.00/20 | ** | congestion; 38.2% ret |
Asterisk denotes strength of level
09:00 BST - Consolidation has given way to a sharp bounce to resistance at 101.50, where deteriorating intraday studies and overbought daily stochastics are prompting selling interest. The daily Tension Indicator continues to rise, suggesting room for a retest above here. But mixed weekly charts should limit initial scope in renewed consolidation beneath critical resistance at the 101.80 current year high of 24 June. Meanwhile, support remains at congestion around 100.00 and exetnds to 100.75. This range should underpin any immediate setbacks.