US Dollar Index Price Analysis: Further losses could see 90.40 retested

  • DXY partially reverses Friday’s strong advance to levels past 91.00.
  • Another visit to monthly lows near 90.40 remains on the table.

DXY meets strong hurdle around 91.40 and sparks a corrective downside to the vicinity of the 91.00 support on Monday.

Further downside should not be ruled out. That said, a breach of the 91.00 level carries the potential to trigger a deeper move to, initially, the so far monthly lows near 90.40 (April 29). The contention region around 91.00 is also reinforced by the 100-day SMA, today at 91.03.

Below the 200-day SMA (91.96) the outlook for DXY is expected to remain on the negative side.

DXY daily chart

Dollar Index Spot

Today last price 91.15
Today Daily Change 31
Today Daily Change % -0.15
Today daily open 91.29
Daily SMA20 91.51
Daily SMA50 91.67
Daily SMA100 91.02
Daily SMA200 91.98
Previous Daily High 91.32
Previous Daily Low 90.59
Previous Weekly High 91.32
Previous Weekly Low 90.42
Previous Monthly High 93.33
Previous Monthly Low 90.42
Daily Fibonacci 38.2% 91.04
Daily Fibonacci 61.8% 90.87
Daily Pivot Point S1 90.81
Daily Pivot Point S2 90.34
Daily Pivot Point S3 90.09
Daily Pivot Point R1 91.54
Daily Pivot Point R2 91.8
Daily Pivot Point R3 92.27



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