Home US Dollar Index Technical Analysis: Greenback bulls can reach 96.50 level
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US Dollar Index Technical Analysis: Greenback bulls can reach 96.50 level

DXY daily chart

  • DXY is trading in a bull trend above the 100 and 200-day simple moving average (SMA).

DXY 4-hour chart

  • DXY bulls have reclaimed the 50 and 100 SMA but they need to overcome the 200 SMA.  

DXY 30-minute chart

  • DXY bulls are still in charge and they might reach the 96.50 target as they have the momentum on their side.
  • However, it is unlikely that any sustained move above 96.50 might go very far as 96.00 is still on the card for DXY bears.  

Additional key levels  

Dollar Index Spot

Overview:
       Today Last Price:  96.34
       Today Daily change:  -0.03  pips
       Today Daily change %:  -0.03%
       Today Daily Open:  96.37
Trends:
       Daily SMA20:  96.18
       Daily SMA50:  96.65
       Daily SMA100:  96.07
       Daily SMA200:  95.02
Levels:
       Previous Daily High:  96.4
       Previous Daily Low:  96.01
       Previous Weekly High:  96.4
       Previous Weekly Low:  95.47
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Daily Fibonacci 38.2%:  96.25
       Daily Fibonacci 61.8%:  96.16
       Daily Pivot Point S1:  96.12
       Daily Pivot Point S2:  95.87
       Daily Pivot Point S3:  95.73
       Daily Pivot Point R1:  96.51
       Daily Pivot Point R2:  96.65
       Daily Pivot Point R3:  96.9

 

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