- DXY keeps the erratic performance unchanged so far this week.
- The resumption of the bearish mood could retest 105.00.
DXY advances modestly following the previous day’s strong pullback on Friday.
The continuation of the selling pressure could facilitate a deeper pullback to, initially, the August low near 105.00 (August 2). This area of initial contention appears reinforced by the 55-day SMA.
The short-term constructive stance is expected to remain supported by the 6-month support line, today near 104.30.
Furthermore, the broader bullish view in the dollar remains in place while above the 200-day SMA at 99.74.
Dollar Index Spot
|Today last price||105.78|
|Today Daily Change||31|
|Today Daily Change %||0.00|
|Today daily open||105.78|
|Previous Daily High||106.52|
|Previous Daily Low||105.67|
|Previous Weekly High||107.43|
|Previous Weekly Low||105.54|
|Previous Monthly High||109.29|
|Previous Monthly Low||104.69|
|Daily Fibonacci 38.2%||105.99|
|Daily Fibonacci 61.8%||106.19|
|Daily Pivot Point S1||105.46|
|Daily Pivot Point S2||105.14|
|Daily Pivot Point S3||104.61|
|Daily Pivot Point R1||106.31|
|Daily Pivot Point R2||106.84|
|Daily Pivot Point R3||107.15|
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