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 near the important support at 97.00 figure and the 100 SMA.
DXY 30-minute chart
- DXY is trading below its main SMAs suggesting a bearish bias in the short-term.
- However, bulls will need to overtake 97.00 key resistance. A break above the level can open the doors to 97.20 and 96.80.
- On the way down, 96.80 and 96.60 can offer support.
Additional key levels
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