Main Quotes Calendar Forum
flag

FX.co ★ The Dollar Index Today Has the Potential to Test Its Pivot Level. If it Fails to Break Through, It May Weaken Again. Tuesday, September 09, 2025.

parent
Forex Analysis:::2025-09-09T05:45:52

The Dollar Index Today Has the Potential to Test Its Pivot Level. If it Fails to Break Through, It May Weaken Again. Tuesday, September 09, 2025.

[USDX] – [Tuesday, September 09, 2025]

Although a divergence has appeared between the RSI and the price movement of the USDX, but with the EMAs currently in a Death Cross formation and the RSI in the Neutral-Bearish zone, #USDX has the potential to continue its weakening today.

Key Levels

1. Resistance. 2 : 98.09.

2. Resistance. 1 : 97.76.

3. Pivot : 97.57.

4. Support. 1 : 97.24.

Tactical Scenario

Pressure Zone: If the price breaks down and closes below the 97.24 level, the USDX may continue weakening toward 97.05.

Momentum Extension Bias: If 97.05 is broken and closed below, the index may weaken further toward 96.72.

Invalidation Level / Bias Revision

The downside bias is limited if USDX strengthens, breaks, and closes above the 98.09 level.

Technical Summary

EMA(50) : 97.54.

EMA(200): 97.84.

RSI(14) : 37.68 + Divergent.

Economic News Release Agenda:

This afternoon, the United States will release the NFIB Small Business Index at 17:00 WIB.

The Dollar Index Today Has the Potential to Test Its Pivot Level. If it Fails to Break Through, It May Weaken Again. Tuesday, September 09, 2025.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...