- The greenback, measured by the US Dollar Index (DXY), is navigating the lower bound of the 95.70-97.70 range prevailing since early November 2018.
- A convincing break below the current sideline theme is not ruled out, particularly in light of the inability of the buck to gather some serious upside traction.
- Such event should open the door to a deeper pullback which should fin initial contention around November 2018 lows in the 94.80 zone.
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 95.76
Today Daily change: 7.0 pips
Today Daily change %: 0.0732%
Today Daily Open: 95.69
Trends:
Previous Daily SMA20: 96.76
Previous Daily SMA50: 96.79
Previous Daily SMA100: 96
Previous Daily SMA200: 94.76
Levels:
Previous Daily High: 96.12
Previous Daily Low: 95.64
Previous Weekly High: 96.96
Previous Weekly Low: 95.82
Previous Monthly High: 97.71
Previous Monthly Low: 96.06
Previous Daily Fibonacci 38.2%: 95.82
Previous Daily Fibonacci 61.8%: 95.94
Previous Daily Pivot Point S1: 95.51
Previous Daily Pivot Point S2: 95.34
Previous Daily Pivot Point S3: 95.03
Previous Daily Pivot Point R1: 95.99
Previous Daily Pivot Point R2: 96.3
Previous Daily Pivot Point R3: 96.47
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