• DXY picks up further pace and challenges 2021 highs.
  • The surpass of 2021 peaks should expose 94.00.

DXY pushes higher and trades closer to the YTD highs past the 93.70 level.

Further upside faces immediate hurdle at the 2021 top at 93.72 while the breakout of this level should put the round level at 94.00 on the radar ahead of the November 2020 high at 94.30.

In the meantime, and looking at the broader scenario, the constructive stance on the dollar is seen unchanged while above the 200-day SMA, today at 91.51.

DXY daily chart

Dollar Index Spot

Overview
Today last price 93.64
Today Daily Change 29
Today Daily Change % 0.24
Today daily open 93.42
 
Trends
Daily SMA20 92.79
Daily SMA50 92.75
Daily SMA100 91.95
Daily SMA200 91.5
 
Levels
Previous Daily High 93.49
Previous Daily Low 93.21
Previous Weekly High 93.53
Previous Weekly Low 92.98
Previous Monthly High 93.73
Previous Monthly Low 91.82
Daily Fibonacci 38.2% 93.38
Daily Fibonacci 61.8% 93.32
Daily Pivot Point S1 93.26
Daily Pivot Point S2 93.09
Daily Pivot Point S3 92.97
Daily Pivot Point R1 93.54
Daily Pivot Point R2 93.66
Daily Pivot Point R3 93.82

 

 

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