Home US Dollar Index Technical Analysis: Correction expected to meet contention around 96.75
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US Dollar Index Technical Analysis: Correction expected to meet contention around 96.75

  • DXY is losing further ground on Monday, receding to the 97.30 region after climbing to fresh 2019 tops in the 97.70/75 band on Thursday.
  • The continuation of the selling impetus is seen facing strong contention in the 96.75 region, where coincide the 21-day and 10-day SMAs.
  • The constructive stance in the buck should stay unchanged while above the critical 200-day SMA at 95.74

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  97.32
       Today Daily change:  16  pips
       Today Daily Open:  97.37
Trends:
       Daily SMA20:  96.73
       Daily SMA50:  96.3
       Daily SMA100:  96.54
       Daily SMA200:  95.73
Levels:
       Previous Daily High:  97.64
       Previous Daily Low:  97.24
       Previous Weekly High:  97.71
       Previous Weekly Low:  96.4
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  97.39
       Daily Fibonacci 61.8%:  97.49
       Daily Pivot Point S1:  97.19
       Daily Pivot Point S2:  97.02
       Daily Pivot Point S3:  96.79
       Daily Pivot Point R1:  97.59
       Daily Pivot Point R2:  97.82
       Daily Pivot Point R3:  97.99

 

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