- DXY is hit by the the trade war.
- DXY erases almost three days of gains.
DXY daily chart
The US Dollar Index (DXY) is in a bull trend above its main simple moving averages (SMAs). DXY decline sharply as it dropped almost to 3-day lows.
DXY 4-hour chart
Bears will try to break below 97.55 swing low.
DXY 30-minute chart
Sellers took the lead below the SMAs. Bears will try to break 97.70 to reach 97.55 and 97.30 to the downside. Resistances are seen at 97.90 and 98.10.
Additional key levels