The greenback keeps trading on the defensive and risks a deeper retracement to, initially, the 96.22 level, where lies a Fibo retracement of the September-December rally. A breakdown of this initial area of support could pave the way for a potential down move to the critical 200-day SMA, today at 95.62. In the meantime, the outlook on the index is expected to remain constructive while above the short-term support line, today at 95.43. DXY daily chart Dollar Index Spot Overview: Today Last Price: 96.4 Today Daily change: 13 pips Today Daily change %: -0.04% Today Daily Open: 96.44 Trends: Daily SMA20: 96.41 Daily SMA50: 96.33 Daily SMA100: 96.43 Daily SMA200: 95.61 Levels: Previous Daily High: 96.61 Previous Daily Low: 96.32 Previous Weekly High: 97.08 Previous Weekly Low: 96.29 Previous Monthly High: 96.96 Previous Monthly Low: 95.03 Daily Fibonacci 38.2%: 96.43 Daily Fibonacci 61.8%: 96.5 Daily Pivot Point S1: 96.3 Daily Pivot Point S2: 96.17 Daily Pivot Point S3: 96.01 Daily Pivot Point R1: 96.59 Daily Pivot Point R2: 96.75 Daily Pivot Point R3: 96.88 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Technical Analysis: Drops to fresh monthly lows, closer to support extending from April 2018 FX Street 4 years The greenback keeps trading on the defensive and risks a deeper retracement to, initially, the 96.22 level, where lies a Fibo retracement of the September-December rally. A breakdown of this initial area of support could pave the way for a potential down move to the critical 200-day SMA, today at 95.62. In the meantime, the outlook on the index is expected to remain constructive while above the short-term support line, today at 95.43. DXY daily chart Dollar Index Spot Overview: Today Last Price: 96.4 Today Daily change: 13 pips Today Daily… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
