Home US Dollar Index Technical Analysis: DXY hits the highest point since May 2017

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US Dollar Index Technical Analysis: DXY hits the highest point since May 2017

FX Street

Updated: 24 Apr. 2019 | 21:32

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).
DXY is beaking multi-month’s resistance at 97.71 level.

DXY 4-hour chart

The break above 98.00 the figure is significant as it opens the gates to further upside towards 98.50 and 99.00 level.
To the downside, support is seen at 97.71 and 97.26.

Additional key levels

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