US Dollar Index Technical Analysis: DXY break above 95.65 key level as bulls are traveling towards the 2018 high
|- The US Dollar Index is trading in a bull trend above the 200-period simple moving average.
- Bulls broke above 95.65 key level and the next objective will be to reconquer the 2018 high at 97.00.
- A bear breakout below 94.43 (August 28 swing low) would be a warning signal for bulls.
DXY daily chart
Spot rate: 95.99
Relative change: 0.31%
High: 95.63
Low: 95.49
Trend: Bullish
Resistance 1: 96.00 figure
Resistance 2: 96.41 August 20 high
Resistance 3: 97.00 current 2018 high
Support 1: 95.65 multi-month resistance (key level)
Support 2: 95.52 August 6 high
Support 3: 95.24 July 13 high
Support 4: 95.00 figure
Support 5: 94.91 July 27 high
Support 6: 94.43 August 28 swing low
Support 7: 93.81 September 21 swing low (key level)
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