US Dollar Index Price Analysis: Recovery targets the 91.00 hurdle

DXY adds to Thursday’s gains and approaches 91.00.
The next resistance comes in at the 100-day SMA.

Pablo Piovano FXStreet

DXY gathers further upside traction and already approaches the key resistance at the 91.00 yardstick.

If the upside impulse gathers extra steam, then the next target will be at the minor hurdle at the 91.00 mark ahead of the 100-day SMA, today at 91.03.

Below the 200-day SMA (91.98) the outlook for DXY is expected to remain on the negative side.

DXY daily chart

EUR/JPY

Overview
Today last price	131.62
Today Daily Change	30
Today Daily Change %	-0.31
Today daily open	132.03

Trends
Daily SMA20	130.49
Daily SMA50	129.71
Daily SMA100	128.11
Daily SMA200	126.28

Levels
Previous Daily High	132.37
Previous Daily Low	131.6
Previous Weekly High	130.97
Previous Weekly Low	129.59
Previous Monthly High	130.67
Previous Monthly Low	128.18
Daily Fibonacci 38.2%	132.07
Daily Fibonacci 61.8%	131.89
Daily Pivot Point S1	131.63
Daily Pivot Point S2	131.23
Daily Pivot Point S3	130.86
Daily Pivot Point R1	132.4
Daily Pivot Point R2	132.77
Daily Pivot Point R3	133.17

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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