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  • The greenback remains under pressure so far this week, although the downside seems to have found contention in the 96.90 region, where is located the key 10-day SMA.
  • Further south, the 96.74/33 band should offer interim support, home of the 21-day, 100-day and 55-day SMAs.
  • Looking at the broader scenario, another test of 2019 highs around 97.70 remains well on the cards while underpinned by the 200-day SMA at 95.77 and 95.82 (late February low).

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.97
       Today Daily change:  7  pips
       Today Daily change %:  -0.03%
       Today Daily Open:  97
Trends:
       Daily SMA20:  96.75
       Daily SMA50:  96.34
       Daily SMA100:  96.57
       Daily SMA200:  95.76
Levels:
       Previous Daily High:  97.29
       Previous Daily Low:  96.85
       Previous Weekly High:  97.71
       Previous Weekly Low:  96.4
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  97.02
       Daily Fibonacci 61.8%:  97.12
       Daily Pivot Point S1:  96.8
       Daily Pivot Point S2:  96.61
       Daily Pivot Point S3:  96.36
       Daily Pivot Point R1:  97.24
       Daily Pivot Point R2:  97.49
       Daily Pivot Point R3:  97.68