US Dollar Index Technical Analysis: Another leg up in the cards
|DXY daily chart
- The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).
- DXY is trading near 97.00 and just above the 50 SMA.
DXY 4-hour chart
- DXY is supported above the 200 SMA.
DXY 30-minute chart
- A sustained bull break above 97.00 resistance would open the doors to 97.20, 97.40 and 97.60 level.
- Supports can be seen at 96.80 and 96.60 level.
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