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US Dollar Index Technical Analysis: Rising odds for a test of YTD peaks around 97.00

  • The greenback, tracked by the US Dollar Index, is prolonging the rally to the boundaries of the 96.60 region, trading at shouting distance from late-January tops near 96.70.
  • A surpass of this area should pave the way for a new visit to 2019 peaks in the 97.00 neighbourhood (January 2).
  • Further up is located the 2018 highs in the 97.70 region.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.5
       Today Daily change:  18  pips
       Today Daily change %:  0.09%
       Today Daily Open:  96.41
Trends:
       Daily SMA20:  95.95
       Daily SMA50:  96.41
       Daily SMA100:  96.19
       Daily SMA200:  95.36
Levels:
       Previous Daily High:  96.43
       Previous Daily Low:  96.04
       Previous Weekly High:  95.98
       Previous Weekly Low:  95.16
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  96.28
       Daily Fibonacci 61.8%:  96.19
       Daily Pivot Point S1:  96.16
       Daily Pivot Point S2:  95.9
       Daily Pivot Point S3:  95.77
       Daily Pivot Point R1:  96.55
       Daily Pivot Point R2:  96.68
       Daily Pivot Point R3:  96.94

 

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