Home US Dollar Index Technical Analysis: Further rangebound expected below 97.00
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US Dollar Index Technical Analysis: Further rangebound expected below 97.00

  • DXY rebounded sharply from the 95.80 region on Wednesday, although the 97.00 neighbourhood acted as a solid barrier so far, leaving the index exposed to a potential continuation of the multi-week sideline theme and even risking a deeper correction lower.
  • On a longer perspective (weekly chart), the greenback keeps the constructive bias unchanged as long as the short-term support line underpins, today at 95.83 (coincident with weekly lows).

 

 

 

 

 

 

 

 

 

 

 

Dollar Index Spot

Overview:
       Today Last Price:  96.71
       Today Daily change:  -7.0  pips
       Today Daily change %:  -0.0723%
       Today Daily Open:  96.78
Trends:
       Previous Daily SMA20:  96.87
       Previous Daily SMA50:  96.81
       Previous Daily SMA100:  96.01
       Previous Daily SMA200:  94.67
Levels:
       Previous Daily High:  96.96
       Previous Daily Low:  95.82
       Previous Weekly High:  97.12
       Previous Weekly Low:  96.19
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Previous Daily Fibonacci 38.2%:  96.52
       Previous Daily Fibonacci 61.8%:  96.26
       Previous Daily Pivot Point S1:  96.08
       Previous Daily Pivot Point S2:  95.38
       Previous Daily Pivot Point S3:  94.94
       Previous Daily Pivot Point R1:  97.22
       Previous Daily Pivot Point R2:  97.66
       Previous Daily Pivot Point R3:  98.36

 

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