Home US Dollar Index Technical Analysis: DXY met support in the 21-day SMA near 96.30
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US Dollar Index Technical Analysis: DXY met support in the 21-day SMA near 96.30

  • The multi-session leg lower in the greenback has so far met contention in the 96.30 area, where emerges the key 21-day SMA.
  • This area of support is also reinforced by the Fibo retracement at 96.22.
  • In the broader picture, the constructive outlook in the buck remains unchanged while above the 200-day SMA at 95.58 and the short-term support line, today at 95.39.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.59
       Today Daily change:  20  pips
       Today Daily change %:  0.04%
       Today Daily Open:  96.55
Trends:
       Daily SMA20:  96.34
       Daily SMA50:  96.37
       Daily SMA100:  96.41
       Daily SMA200:  95.56
Levels:
       Previous Daily High:  96.65
       Previous Daily Low:  96.29
       Previous Weekly High:  97.37
       Previous Weekly Low:  96.62
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  96.51
       Daily Fibonacci 61.8%:  96.43
       Daily Pivot Point S1:  96.34
       Daily Pivot Point S2:  96.14
       Daily Pivot Point S3:  95.98
       Daily Pivot Point R1:  96.7
       Daily Pivot Point R2:  96.86
       Daily Pivot Point R3:  97.06

 

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