Home US Dollar Index Technical Analysis: DXY bulls looking for a breakout above 97.00 figure and a retest of the 2018 high
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US Dollar Index Technical Analysis: DXY bulls looking for a breakout above 97.00 figure and a retest of the 2018 high

US Dollar Index (DXY) daily chart

  • DXY is trading in a bull trend above the 50, 100 and 200-day simple moving average (SMA).
  • Wednesday was an inside day. A break above 97.00 should open the doors to 97.70 (2018 high).  
  • Technical indicators are in positive territories further confirming the bullish bias.  

Additional key levels at a glance:

Dollar Index Spot

Overview:
       Last Price:  96.72
       Daily change:  -10  pips
       Daily change:  -0.103%
       Daily Open:  96.82
Trends:
       Daily SMA20:  96.69
       Daily SMA50:  95.75
       Daily SMA100:  95.41
       Daily SMA200:  93.6
Levels:
       Daily High:  96.89
       Daily Low:  96.04
       Weekly High:  97.7
       Weekly Low:  96.4
       Monthly High:  97.2
       Monthly Low:  94.79
       Daily Fibonacci 38.2%:  96.57
       Daily Fibonacci 61.8%:  96.36
       Daily Pivot Point S1:  96.28
       Daily Pivot Point S2:  95.73
       Daily Pivot Point S3:  95.43
       Daily Pivot Point R1:  97.13
       Daily Pivot Point R2:  97.43
       Daily Pivot Point R3:  97.98

 

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