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  • DXY breaks above 97.80 opening the gates to the 2019 high.
  • Support is seen at 97.80 and the 97.50 levels.  

DXY daily chart

The market is trading in a bull trend above the main daily simple moving averages (DSMAs) as well as the 97.55 support.

DXY 4-hour chart

DXY bulls broke above 97.80 resistance opening to door to 98.38, the 2019 high. Immediate support is seen at the 97.80 and 97.50 levels.

Additional key levels