Home US Dollar Index Technical Analysis: A break below the 200-day SMA at 95.29 could prompt a deeper pullback
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US Dollar Index Technical Analysis: A break below the 200-day SMA at 95.29 could prompt a deeper pullback

  • The greenback sold off post-FOMC on Wednesday and is now holding on to the critical 200-day SMA in the 95.30/25 band.
  • This region is reinforced by the proximity of the 61.8% Fibo retracement of the September-December up move at 95.30.
  • A lost of this key area should open the door for a potential retracement to YTD lows in the 95.00 neighbourhood.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  95.28
       Today Daily change:  -0.15  pips
       Today Daily change %:  -0.16%
       Today Daily Open:  95.43
Trends:
       Daily SMA20:  95.94
       Daily SMA50:  96.51
       Daily SMA100:  96.13
       Daily SMA200:  95.26
Levels:
       Previous Daily High:  95.98
       Previous Daily Low:  95.25
       Previous Weekly High:  96.68
       Previous Weekly Low:  95.75
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Daily Fibonacci 38.2%:  95.53
       Daily Fibonacci 61.8%:  95.7
       Daily Pivot Point S1:  95.13
       Daily Pivot Point S2:  94.82
       Daily Pivot Point S3:  94.4
       Daily Pivot Point R1:  95.86
       Daily Pivot Point R2:  96.28
       Daily Pivot Point R3:  96.59

 

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