US Dollar Index technical analysis: DXY pares its intraday losses as the buck trades near 97.50
|DXY daily chart
The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
DXY 4-hour chart
DXY had a quick sell-off on Thursday but the market seem to have found support above 97.20 and the 200 SMA.
A bullish break above 97.50 can see the index travel to 97.70, 97.90 and 98.10 level.
Support is seen at 97.35 and 97.20 level.
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