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  • The Greenback is trading in the 99.63/99.00 band for the third consecutive day.
  • The level to beat for bulls is the 99.00/99.10 resistance zone.  
 

DXY daily chart

 
The US Dollar Index (DXY) is trading in an uptrend above its main daily simple moving averages (DSMAs).  

DXY four-hour chart

 
DXY is in the 98.63/99.00 range while trading between the 50 and 100 SMAs. The Greenback is bullish above the 200 SMA and a break of the 99.00/99.10 resistance zone can expose the 99.30 resistance in the medium term.

DXY 30-minute chart

 
 
DXY is trading above its main SMAs, suggesting bullish momentum in the short term. Support is seen at the 98.85 and 98.63 price levels.  
 

Additional key levels