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US Dollar Index Technical Analysis: Greenback declines to the 96.20 level

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average (SMA). 
  • DXY is approaching 96.00 figure and the 100 SMA on the way down.

DXY 4-hour chart

  • DXY is testing 96.20 an important support/resistance level in the last months of trading.

DXY 30-minute chart

  • If bears break 96.20 then 96.10 and 95.83 can be on the cards. 
  • On the flip side, if bulls gather enough steam above 96.40 then 96.70 and 97.00 can become the next targets in the coming sessions. 

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.14
    Today Daily change: 54 pips
    Today Daily change %: 0.476%
    Today Daily Open: 1.1346
Trends:
    Previous Daily SMA20: 1.1387
    Previous Daily SMA50: 1.1372
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1657
Levels:
    Previous Daily High: 1.152
    Previous Daily Low: 1.1325
    Previous Weekly High: 1.1478
    Previous Weekly Low: 1.1343
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1399
    Previous Daily Fibonacci 61.8%: 1.1445
    Previous Daily Pivot Point S1: 1.1274
    Previous Daily Pivot Point S2: 1.1202
    Previous Daily Pivot Point S3: 1.108
    Previous Daily Pivot Point R1: 1.1468
    Previous Daily Pivot Point R2: 1.1591
    Previous Daily Pivot Point R3: 1.1663

 

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