Home US Dollar Index Technical Analysis: Extra decline could see the 55-day SMA at 96.32 retested
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US Dollar Index Technical Analysis: Extra decline could see the 55-day SMA at 96.32 retested

  • DXY is attempting a rebound after hitting multi-day lows in the 96.40/35 band on Wednesday.
  • Further south, the next support emerges at the 55-day SMA near 96.30 ahead of the short-term support line at 96.13 and late-February lows in the 95.80 region.
  • In spite of the underlying weakness, the constructive outlook in DXY is seen unchanged above the critical 200-day SMA, today at 95.78.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.53
       Today Daily change:  22  pips
       Today Daily change %:  0.06%
       Today Daily Open:  96.47
Trends:
       Daily SMA20:  96.71
       Daily SMA50:  96.33
       Daily SMA100:  96.57
       Daily SMA200:  95.77
Levels:
       Previous Daily High:  97.02
       Previous Daily Low:  96.38
       Previous Weekly High:  97.71
       Previous Weekly Low:  96.4
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  96.62
       Daily Fibonacci 61.8%:  96.78
       Daily Pivot Point S1:  96.23
       Daily Pivot Point S2:  95.98
       Daily Pivot Point S3:  95.59
       Daily Pivot Point R1:  96.87
       Daily Pivot Point R2:  97.26
       Daily Pivot Point R3:  97.51

 

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