Home DXY Technical Analysis: The greenback stays supported by the short-term support line. Still targets 97.53
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DXY Technical Analysis: The greenback stays supported by the short-term support line. Still targets 97.53

  • The index is extending the ragebound theme around the 97.00 handle, while the constructive view stays unchanged above the short term support line, today at 96.44.
  • A convincing surpass of weekly tops in the 97.20 area is needed to attempt a test of last week’s tops beyond 97.50, considered the last defense for a visit to 2018 highs just below 97.70.
  • A break below the short-term support line should carry the potential for a new visit of the significant contention area in the 96.00 neighbourhood.

DXY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

Dollar Index Spot

Overview:
       Today Last Price:  97.03
       Today Daily change:  0.0  pips
       Today Daily change %:  0.00%
       Today Daily Open:  97.03
Trends:
       Previous Daily SMA20:  96.92
       Previous Daily SMA50:  96.3
       Previous Daily SMA100:  95.68
       Previous Daily SMA200:  94
Levels:
       Previous Daily High:  97.21
       Previous Daily Low:  96.83
       Previous Weekly High:  97.54
       Previous Weekly Low:  96.62
       Previous Monthly High:  97.7
       Previous Monthly Low:  95.68
       Previous Daily Fibonacci 38.2%:  97.06
       Previous Daily Fibonacci 61.8%:  96.98
       Previous Daily Pivot Point S1:  96.84
       Previous Daily Pivot Point S2:  96.64
       Previous Daily Pivot Point S3:  96.46
       Previous Daily Pivot Point R1:  97.22
       Previous Daily Pivot Point R2:  97.4
       Previous Daily Pivot Point R3:  97.6

 

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