Home US Dollar Index Technical Analysis: Rally expected to visit 2019 highs near 97.40
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US Dollar Index Technical Analysis: Rally expected to visit 2019 highs near 97.40

  • DXY keeps the rally well and sound so far this week, managing to reclaim the boundaries of the critical 97.00 handle.
  • Extra gains are expected to continue with the next target at 2019 highs in the proximity of 97.40.
  • On the broader picture, the greenback is seen keeping the near term bullish view while above the 200-day SMA at 95.69 and the short-term support line at 95.95.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.87
       Today Daily change:  13  pips
       Today Daily change %:  0.04%
       Today Daily Open:  96.83
Trends:
       Daily SMA20:  96.62
       Daily SMA50:  96.27
       Daily SMA100:  96.49
       Daily SMA200:  95.68
Levels:
       Previous Daily High:  97.01
       Previous Daily Low:  96.62
       Previous Weekly High:  96.61
       Previous Weekly Low:  95.82
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  96.86
       Daily Fibonacci 61.8%:  96.77
       Daily Pivot Point S1:  96.63
       Daily Pivot Point S2:  96.43
       Daily Pivot Point S3:  96.24
       Daily Pivot Point R1:  97.02
       Daily Pivot Point R2:  97.21
       Daily Pivot Point R3:  97.41

 

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