Home US Dollar Index Technical Analysis: Correction lower expected to hold around 95.80
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US Dollar Index Technical Analysis: Correction lower expected to hold around 95.80

  • DXY remains on the defensive so far this week, testing the 96.40 region and approaching the critical 55-day SMA, today at 96.34.
  • The continuation of the selling mood is expected to test the critical 95.80 region, where coincide late-February lows and the critical 200-day and 200-week SMAs.
  • That said, the positive stance on the greenback is seen unchanged as long as 95.82 underpins (February 28 low).

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.43
       Today Daily change:  13  pips
       Today Daily change %:  -0.07%
       Today Daily Open:  96.5
Trends:
       Daily SMA20:  96.67
       Daily SMA50:  96.37
       Daily SMA100:  96.58
       Daily SMA200:  95.82
Levels:
       Previous Daily High:  96.63
       Previous Daily Low:  96.38
       Previous Weekly High:  97.45
       Previous Weekly Low:  96.38
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  96.48
       Daily Fibonacci 61.8%:  96.53
       Daily Pivot Point S1:  96.38
       Daily Pivot Point S2:  96.25
       Daily Pivot Point S3:  96.13
       Daily Pivot Point R1:  96.63
       Daily Pivot Point R2:  96.75
       Daily Pivot Point R3:  96.88

 

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