US Dollar Index Asia Price Forecast: DXY on track to close above 2019 high, nearing the 100 figure

DXY is trading near 45-month high as the market is approaching the 100 mark.
Bulls are likely expecting a continuation of the bull move towards the 100.20 and 100.40 levels.

Flavio Tosti Independent Analyst

DXY daily chart

The US dollar index (DXY) is about to have a daily close above the 2019 high (at 99.67) as the market is nearing the 100 psychological level.

DXY four-hour chart

DXY is extending its longest run in several months as the bulls are nearing the 100 mark. The trend remains intact and a break above the above-mentioned level should expose higher levels near the 100.20 and 100.40 resistance. Support is seen near the 99.65 and 99.40 levels.

Additional key levels

Dollar Index Spot

Overview
Today last price	99.88
Today Daily Change	0.27
Today Daily Change %	0.27
Today daily open	99.61

Trends
Daily SMA20	98.45
Daily SMA50	97.73
Daily SMA100	97.87
Daily SMA200	97.81

Levels
Previous Daily High	99.72
Previous Daily Low	99.38
Previous Weekly High	99.16
Previous Weekly Low	98.6
Previous Monthly High	98.19
Previous Monthly Low	96.42
Daily Fibonacci 38.2%	99.59
Daily Fibonacci 61.8%	99.51
Daily Pivot Point S1	99.42
Daily Pivot Point S2	99.23
Daily Pivot Point S3	99.08
Daily Pivot Point R1	99.76
Daily Pivot Point R2	99.91
Daily Pivot Point R3	100.1

Author

Flavio Tosti

Independent Analyst

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