- The index is accelerating the downside today, trading in the 96.40/30 band ahead of the critical support in the 96.00 neighbourhood.
- In this important area of support converge a Fibo retracement of the 2017-2018 drop, early October’s peaks and this week’s lows.
- In the meantime, the constructive bias in the buck should remain unchanged while above the short-term support line, today at 96.14.
DXY daily chart
Dollar Index Spot
Overview:
Last Price: 96.47
Daily change: -25 pips
Daily change: -0.258%
Daily Open: 96.72
Trends:
Daily SMA20: 96.7
Daily SMA50: 95.79
Daily SMA100: 95.43
Daily SMA200: 93.64
Levels:
Daily High: 96.87
Daily Low: 96.49
Weekly High: 97.7
Weekly Low: 96.4
Monthly High: 97.2
Monthly Low: 94.79
Daily Fibonacci 38.2%: 96.64
Daily Fibonacci 61.8%: 96.72
Daily Pivot Point S1: 96.52
Daily Pivot Point S2: 96.31
Daily Pivot Point S3: 96.14
Daily Pivot Point R1: 96.9
Daily Pivot Point R2: 97.07
Daily Pivot Point R3: 97.28
