US Dollar Index Price Analysis: Interim support lines up at 92.00

The DXY looks consolidative in the lower end of the range.
Immediately to the downside comes in the 92.00 neighbourhood.

Pablo Piovano FXStreet

The index extends the weekly leg lower, although it so far manages to keep business above the 92.00 yardstick.

A breach of the latter should open the door to extra losses with the initial interim target at the 50-day SMA, today at 91.50.

Further south comes in the more relevant area around 91.30, where sit weekly lows recorded in mid-March.

Below the 200-day SMA at 92.36 the outlook for DXY is expected to return to the bearish side.

DXY daily chart

Dollar Index Spot

Overview
Today last price	92.39
Today Daily Change	25
Today Daily Change %	-0.02
Today daily open	92.41

Trends
Daily SMA20	92.34
Daily SMA50	91.46
Daily SMA100	91.05
Daily SMA200	92.39

Levels
Previous Daily High	92.5
Previous Daily Low	92.14
Previous Weekly High	93.44
Previous Weekly Low	92.72
Previous Monthly High	93.44
Previous Monthly Low	90.63
Daily Fibonacci 38.2%	92.36
Daily Fibonacci 61.8%	92.28
Daily Pivot Point S1	92.2
Daily Pivot Point S2	91.99
Daily Pivot Point S3	91.84
Daily Pivot Point R1	92.56
Daily Pivot Point R2	92.71
Daily Pivot Point R3	92.92

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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