- DXY picks up bids to refresh intraday high, consolidates Friday’s losses.
- MACD teases bulls but multiple hurdles to the north keep bears hopeful.
Although MACD seems to return in favor of the bulls, 100-HMA and previous support line from May 11, respectively around 90.45 and 90.58, tests the short-term corrective pullback of the greenback gauge.
Also, 200-HMA and a two-week-old horizontal area, near 90.70 and 90.90 in that order, add to the upside filters while challenging the buyers.
On the contrary, Friday’s low near 90.30 can serve as a trigger to a fresh downside towards the multi-day low near the 90.00 threshold.
However, any further weakness past-90.00 will not hesitate to challenge February’s low near 89.68.
DXY hourly chart
Additional important levels
|Today last price||90.41|
|Today Daily Change||0.11|
|Today Daily Change %||0.12%|
|Today daily open||90.3|
|Previous Daily High||90.8|
|Previous Daily Low||90.28|
|Previous Weekly High||90.91|
|Previous Weekly Low||89.98|
|Previous Monthly High||93.33|
|Previous Monthly Low||90.42|
|Daily Fibonacci 38.2%||90.48|
|Daily Fibonacci 61.8%||90.61|
|Daily Pivot Point S1||90.12|
|Daily Pivot Point S2||89.94|
|Daily Pivot Point S3||89.6|
|Daily Pivot Point R1||90.64|
|Daily Pivot Point R2||90.98|
|Daily Pivot Point R3||91.16|
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