Home US Dollar Index Technical Analysis: The greenback still targets the 96.30 area and above
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US Dollar Index Technical Analysis: The greenback still targets the 96.30 area and above

  • The index is extending the rebound from last week’s lows and is once again facing important resistance in the 96.20/30 band.
  • This area is supported by the 21-day SMA, today at 96.15, and the 38.2% Fibo retracement of the September-December up move, at 96.22.
  • DXY has so far returned to the previous multi-week 95.70-97.70 range and extra gains should now retake the 96.60/80 band, where converge the 55-day SMA and another Fibo retracement.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.11
       Today Daily change:  1  pips
       Today Daily change %:  0.0208%
       Today Daily Open:  96.09
Trends:
       Daily SMA20:  96.19
       Daily SMA50:  96.66
       Daily SMA100:  96.05
       Daily SMA200:  94.99
Levels:
       Previous Daily High:  96.27
       Previous Daily Low:  95.99
       Previous Weekly High:  96.12
       Previous Weekly Low:  95.03
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Daily Fibonacci 38.2%:  96.1
       Daily Fibonacci 61.8%:  96.16
       Daily Pivot Point S1:  95.96
       Daily Pivot Point S2:  95.84
       Daily Pivot Point S3:  95.68
       Daily Pivot Point R1:  96.24
       Daily Pivot Point R2:  96.4
       Daily Pivot Point R3:  96.52

 

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