Home US Dollar Index Technical Analysis: DXY finishing the week on its highs near 97.40 key resistance

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US Dollar Index Technical Analysis: DXY finishing the week on its highs near 97.40 key resistance

FX Street

Updated: 29 Mar. 2019 | 21:37

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).

DXY 4-hour chart

DXY is trading above its main SMAs suggesting bullish momentum.

DXY 30-minute chart

DXY is trading above its main SMAs suggesting a bullish bias in the short-term.
The bull trend is intact and the market will have to break above 97.40 key resistance to extend gains towards the 96.60 level.
Looking to the downside, support is at 97.20, 97.00 and 96.80 level.

Additional key levels

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