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US Dollar Index Technical Analysis: DXY loses the grip of the 96.00 figure

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 50, 100 and 200-period simple moving averages (SMAs). 

DXY 4-hour chart

  • DXY broke below the 96.00 figure.

DXY 30-minute chart

  • DXY is trading below its main SMAs suggesting bearish momentum in the short-term.
  • 95.60 is the level to beat for bears. A breach of the level would open the door to 95.30. 
  • To the upside 96.10 and 96.20 are the first main targets. Bulls are likely to be in charge in the coming sessions.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 95.73
    Today Daily change: -43 pips
    Today Daily change %: -0.447%
    Today Daily Open: 96.16
Trends:
    Previous Daily SMA20: 96.8
    Previous Daily SMA50: 96.8
    Previous Daily SMA100: 96
    Previous Daily SMA200: 94.73
Levels:
    Previous Daily High: 96.62
    Previous Daily Low: 96.04
    Previous Weekly High: 96.96
    Previous Weekly Low: 95.82
    Previous Monthly High: 97.71
    Previous Monthly Low: 96.06
    Previous Daily Fibonacci 38.2%: 96.26
    Previous Daily Fibonacci 61.8%: 96.4
    Previous Daily Pivot Point S1: 95.93
    Previous Daily Pivot Point S2: 95.69
    Previous Daily Pivot Point S3: 95.35
    Previous Daily Pivot Point R1: 96.51
    Previous Daily Pivot Point R2: 96.85
    Previous Daily Pivot Point R3: 97.09

 

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