US Dollar Index Price Analysis: Stays bearish below the 200-day SMA


  • DXY has managed to test the upper end of the range near 97.80 .
  • Above this area aligns the key 200-day SMA at 98.35.

DXY has resumed the upside and appears ready to challenge the upper end of the recent range near 97.80.

If bulls regain the upper hand, the next target of relevance will emerge at the area of 97.90, where coincide monthly peaks and a Fibo retracement (of the 2017-2018 drop).

As long as the 200-day SMA, today at 98.35, caps the upside, further losses are still on the table for the dollar.

DXY daily chart

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Dollar Index Spot

Overview
Today last price 97.61
Today Daily Change 34
Today Daily Change % 0.15
Today daily open 97.46
 
Trends
Daily SMA20 97.04
Daily SMA50 98.6
Daily SMA100 98.88
Daily SMA200 98.37
 
Levels
Previous Daily High 97.65
Previous Daily Low 97.11
Previous Weekly High 97.72
Previous Weekly Low 96.38
Previous Monthly High 100.56
Previous Monthly Low 97.94
Daily Fibonacci 38.2% 97.32
Daily Fibonacci 61.8% 97.44
Daily Pivot Point S1 97.17
Daily Pivot Point S2 96.87
Daily Pivot Point S3 96.63
Daily Pivot Point R1 97.7
Daily Pivot Point R2 97.94
Daily Pivot Point R3 98.23

 

 

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