US Dollar Index Technical: DXY bulls holding on near the 97.00 figure
|DXY daily chart
- The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).
DXY 4-hour chart
- DXY found some support at the 200 SMA.
DXY 30-minute chart
- DXY bulls are parked below 97.00 and the 200 SMA. A bullish break above the resistance would open the doors to 97.20 and potentially 97.40 level.
- Supports to the downside is seen at 96.80 and 96.60 level.
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