US Dollar Index Technical Analysis: DXY break above 95.65 key level as bulls are traveling towards the 2018 high

• The US Dollar Index is trading in a bull trend above the 200-period simple moving average.
• Bulls broke above 95.65 key level and the next objective will be to reconquer the 2018 high at 97.00.  
• A bear breakout below 94.43 (August 28 swing low) would be a warning signal for bulls.

DXY daily chart

Spot rate:                 95.99
Relative change:     0.31%
High:                        95.63
Low:                         95.49

Trend:                     Bullish

Resistance 1:         96.00 figure
Resistance 2:         96.41 August 20 high
Resistance 3:         97.00 current 2018 high

Support 1:               95.65 multi-month resistance (key level)
Support 2:               95.52 August 6 high
Support 3:               95.24 July 13 high
Support 4:               95.00 figure
Support 5:               94.91 July 27 high  
Support 6:               94.43 August 28 swing low
Support 7:               93.81 September 21 swing low (key level)