US Dollar Index: Greenback bulls counter attack as DXY finds support near 93.20

The US Dollar Index (DXY) found some intraday support near 93.29, May 22 low breaking a descending trendline.
Next likely scaling point for bulls is 93.66, 23.6% Fibonacci retracement (mid-April-late June bull run).

Flavio Tosti Independent Analyst

DXY 15-minute chart

Spot rate: 93.44
Relative change: -0.22%
High: 93.63
Low: 93.21

Trend: Short-term bullish above 93.29

Support 1: 93.29 May 22 low
Support 2: 92.81, 38% Fibonacci retracement (mid-April-late June bull run)
Support 3: 92.24, May 14 swing low

Resistance 1: 93.66, 23.6% Fibonacci retracement (mid-April-late June bull run)
Resistance 2: 94.45 June 1, swing high
Resistance 3: 95.03 current 2018 high

Author

Flavio Tosti

Independent Analyst

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