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  • The rally in the greenback seems to have met a solid resistance in the 97.00 neighbourhood for the time being.
  • Further bullish attempts in the greenback are expected in the near term, always with the immediate target at the YTD peaks near 97.40.
  • Furthermore, the positive outlook on DXY should remain above the 200-day SMA at 95.70 and the short-term support line at 95.97.

DXY daily chart

Dollar Index Spot

       Today Last Price:  96.86
       Today Daily change:  10  pips
       Today Daily change %:  -0.03%
       Today Daily Open:  96.89
       Daily SMA20:  96.64
       Daily SMA50:  96.28
       Daily SMA100:  96.51
       Daily SMA200:  95.69
       Previous Daily High:  96.99
       Previous Daily Low:  96.77
       Previous Weekly High:  96.61
       Previous Weekly Low:  95.82
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  96.91
       Daily Fibonacci 61.8%:  96.85
       Daily Pivot Point S1:  96.78
       Daily Pivot Point S2:  96.66
       Daily Pivot Point S3:  96.56
       Daily Pivot Point R1:  97
       Daily Pivot Point R2:  97.1
       Daily Pivot Point R3:  97.22