US Dollar Index technical analysis: DXY ends the day virtually unchanged
|- DXY erased most of its intraday gains this Thursday.
- DXY is very close to the 2019 high at 98.38.
DXY daily chart
The US Dollar Index (DXY) is in a bull trend above its main simple moving averages (SMAs). Bulls attempted to break above the 98.20 but DXY is ending the day virtually unchanged.
DXY 4-hour chart
The greenback is trading above its main SMAs suggesting a bullish bias in the medium term.
DXY 30-minute chart
The level to beat for bulls is 98.28 as the market is very close to the 2019 high at 98.38. However, a daily close below 98.10 can lead to a correction down to 97.90 and 97.70 support.
Additional key levels
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