Thursday, October 15, 2026

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US Dollar index faces strong resistance at 95.75, break above targets 96.40/97

Major resistance- 95.75 (55 day EMA) Major support – 95 Us dollar index declined till 95 yesterday and slightly jumped from that level. It is currently trading around 95.69. The index is facing strong resistance at 55 da…

By FxWire Pro
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US Dollar index faces strong resistance at 95.75, break above targets 96.40/97
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  • Major resistance- 95.75 (55 day EMA)
     
  • Major support – 95
     
  • Us dollar index declined till 95 yesterday and slightly jumped from that level.  It is currently trading around 95.69.
     
  • The index is facing strong resistance at 55 day EMA and any break above targets 96.40/97/97.60 in the short term.
     
  • On the lower side, any break below 95 will drag the index down till 94.70/94.30.
     
  • Overall major trend reversal level 97.60.

    It is good to buy above 95.75 with SL around 95.30 for the TP of 96.40/97.

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