US Dollar Index Price Analysis: Key support remains at the mid-91.00s

DXY extends the consolidation below the 92.00 yardstick.
The 200-day SMA near 91.50 emerges as a key support.

Pablo Piovano FXStreet

DXY moves within a rangebound pattern in the lower end of the weekly range, always in the sub-92.00 area.

If the selling impulse gathers extra steam, then another visit to the critical 200-day SMA, today at 91.48, should not be ruled out.

In the meantime, and looking at the broader scenario, a sustainable breakout of the 200-day SMA should shift the outlook for the buck to positive.

DXY daily chart

Dollar Index Spot

Overview
Today last price	91.75
Today Daily Change	16
Today Daily Change %	-0.08
Today daily open	91.82

Trends
Daily SMA20	90.75
Daily SMA50	90.66
Daily SMA100	91.12
Daily SMA200	91.49

Levels
Previous Daily High	91.91
Previous Daily Low	91.66
Previous Weekly High	92.4
Previous Weekly Low	90.35
Previous Monthly High	91.44
Previous Monthly Low	89.54
Daily Fibonacci 38.2%	91.81
Daily Fibonacci 61.8%	91.75
Daily Pivot Point S1	91.68
Daily Pivot Point S2	91.55
Daily Pivot Point S3	91.44
Daily Pivot Point R1	91.93
Daily Pivot Point R2	92.04
Daily Pivot Point R3	92.17

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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