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  • DXY (US Dollar Index) is gaining steam as the market broke the 98.10 resistance.
  • The next target can be located near the 98.38 level, previous key level.


DXY daily chart

DXY (US Dollar Index) is in a bull trend above its main daily simple moving averages (DSMAs).  

DXY 4-hour chart

DXY broke above 98.10 key resistance opening the gates for a potential move up towards 98.36 (previous key level) on the way up.  

DXY 30-minute chart

The Greenback is trading above the main SMAs, suggesting a bullish bias in the short term. Immediate support is seen at the 98.10 and 97.95 levels.  

Additional key levels