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US Dollar Index Technical Analysis: DXY bulls ready for another leg up

DXY 4-hour chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average. 
  • DXY found support at the 50 and 100 SMA and the 97.00 figure. 
  • The level to beat for bulls is the 97.50 resistance. 

Additional key resistance

Dollar Index Spot

Overview:
    Today Last Price: 97.05
    Today Daily change: -42 pips
    Today Daily change %: -0.431%
    Today Daily Open: 97.47
Trends:
    Previous Daily SMA20: 96.9
    Previous Daily SMA50: 96.45
    Previous Daily SMA100: 95.77
    Previous Daily SMA200: 94.14
Levels:
    Previous Daily High: 97.55
    Previous Daily Low: 96.87
    Previous Weekly High: 97.21
    Previous Weekly Low: 96.37
    Previous Monthly High: 97.7
    Previous Monthly Low: 95.68
    Previous Daily Fibonacci 38.2%: 97.29
    Previous Daily Fibonacci 61.8%: 97.13
    Previous Daily Pivot Point S1: 97.04
    Previous Daily Pivot Point S2: 96.62
    Previous Daily Pivot Point S3: 96.36
    Previous Daily Pivot Point R1: 97.72
    Previous Daily Pivot Point R2: 97.98
    Previous Daily Pivot Point R3: 98.4

 

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