- DXY clings to its daily gains so far on Wednesday, managing to stay above 97.00 the figure after yesterday’s drop to the vicinity of 96.90.
- The greenback is expected to keep the bid tone as long as the short-term support line, today at 95.96, underpins.
- That said, immediate target on the upside is the area of recent tops at 97.70 ahead of the 97.87 level, coincident with June 2017 peaks and the Fibo retracement of the 2017-2018 down move.
DXY daily chart
Dollar Index Spot
Overview:
Last Price: 97.11
Daily change: -5.0 pips
Daily change: -0.0515%
Daily Open: 97.16
Trends:
Daily SMA20: 96.47
Daily SMA50: 95.6
Daily SMA100: 95.32
Daily SMA200: 93.44
Levels:
Daily High: 97.69
Daily Low: 97.08
Weekly High: 97.01
Weekly Low: 95.68
Monthly High: 97.2
Monthly Low: 94.79
Daily Fibonacci 38.2%: 97.31
Daily Fibonacci 61.8%: 97.46
Daily Pivot Point S1: 96.93
Daily Pivot Point S2: 96.7
Daily Pivot Point S3: 96.32
Daily Pivot Point R1: 97.54
Daily Pivot Point R2: 97.92
Daily Pivot Point R3: 98.15
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