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US Dollar Index Technical Analysis: DXY bulls reach 95.60 target opening the gates to 96.00 the figure

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average (SMA). 
  • As foreacst DXY reached the 95.60 target. 

DXY 4-hour chart

  • DXY is having a bullish reversal as the market is trading below its main SMAs.

DXY 30-minute chart

  • Bulls have reclaimed the 50 SMA and are currently just above the 100 SMA. 
  • Now that 95.60 target has been achieved, the next objective for bulls is the 96.00 figure.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 95.55
    Today Daily change: 35 pips
    Today Daily change %: 0.368%
    Today Daily Open: 95.2
Trends:
    Previous Daily SMA20: 96.58
    Previous Daily SMA50: 96.73
    Previous Daily SMA100: 96
    Previous Daily SMA200: 94.81
Levels:
    Previous Daily High: 95.92
    Previous Daily Low: 95.12
    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%: 95.43
    Previous Daily Fibonacci 61.8%: 95.61
    Previous Daily Pivot Point S1: 94.91
    Previous Daily Pivot Point S2: 94.61
    Previous Daily Pivot Point S3: 94.11
    Previous Daily Pivot Point R1: 95.71
    Previous Daily Pivot Point R2: 96.21
    Previous Daily Pivot Point R3: 96.51

 

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