Home US Dollar Index Technical Analysis: DXY now looks to the 200-day SMA at 95.63
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US Dollar Index Technical Analysis: DXY now looks to the 200-day SMA at 95.63

  • The index is extending the pullback to fresh lows, briefly breaking below the key support at the 96.00 handle following Powell’s testimony on Tuesday.
  • A potential visit to the critical 200-day SMA at 95.63 will be exposed in case the selling mood gathers pace.
  • This important area of support is reinforced by the short-term support line, today at 95.44.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.01
       Today Daily change:  20  pips
       Today Daily change %:  -0.06%
       Today Daily Open:  96.07
Trends:
       Daily SMA20:  96.43
       Daily SMA50:  96.31
       Daily SMA100:  96.43
       Daily SMA200:  95.62
Levels:
       Previous Daily High:  96.46
       Previous Daily Low:  95.95
       Previous Weekly High:  97.08
       Previous Weekly Low:  96.29
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  96.14
       Daily Fibonacci 61.8%:  96.27
       Daily Pivot Point S1:  95.86
       Daily Pivot Point S2:  95.65
       Daily Pivot Point S3:  95.35
       Daily Pivot Point R1:  96.37
       Daily Pivot Point R2:  96.67
       Daily Pivot Point R3:  96.88

 

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