US Dollar Index technical analysis: DXY bulls counterattack and retake the 200 DSMA

The US Dollar Index (DXY) is gaining bullish momentum above its 200 DSMA
Immediate resistance is at the 96.74 and 97.00 levels.

DXY daily chart

The US Dollar Index (DXY) is regaining the 96.46 key resistance and the 200-day simple moving average (DSMA) suggesting a potential resumption of the bull trend.

DXY 4-hour chart

DXY is testing 96.74 resistance and the 100 SMA. As the bulls are gathering strength the next resistance to the upside are seen at 97.00 and 97.30.

DXY 30-minute chart

The market is under bullish pressure above its main SMAs. Support is at 96.36 and the 96.00 figure.

Additional key levels

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

View all posts by FX Street

US Dollar Index technical analysis: DXY bulls counterattack and retake the 200 DSMA

DXY daily chart

<img width="1715" height="784" decoding="async" alt="" src="https://www.forexcrunch.com/wp-content/uploads/2019/07/daily-636975944621933049.png" style="width: 750px; height: 343px;"> DXY 4-hour chart

<img width="1714" height="787" decoding="async" alt="" src="https://www.forexcrunch.com/wp-content/uploads/2019/07/240-636975944863500099.png" style="width: 750px; height: 344px;"> DXY 30-minute chart

<img width="1719" height="784" decoding="async" alt="" src="https://www.forexcrunch.com/wp-content/uploads/2019/07/30-636975945181787274.png" style="width: 750px; height: 342px;"> Additional key levels

FX Street

DXY 4-hour chart

DXY 30-minute chart

Additional key levels