US Dollar Index Technical Analysis: Decent contention turned up in the 97.00 neighbourhood

The index is attempting to leave behind the recent correction lower, rebounding from the solid support area around 97.00 the figure.
The ongoing drop is viewed as corrective only while Immediate target on the upside remains at 2019 highs in the 97.70/75 band ahead of 97.87, June 2017 peaks.
In the broader picture, the outlook on DXY remains constructive while above the key 200-day SMA, today at 95.90.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	97.11
Today Daily Change	10
Today Daily Change %	-0.02
Today daily open	97.13

Trends
Daily SMA20	96.86
Daily SMA50	96.58
Daily SMA100	96.59
Daily SMA200	95.95

Levels
Previous Daily High	97.32
Previous Daily Low	96.96
Previous Weekly High	97.34
Previous Weekly Low	96.41
Previous Monthly High	97.71
Previous Monthly Low	95.74
Daily Fibonacci 38.2%	97.1
Daily Fibonacci 61.8%	97.18
Daily Pivot Point S1	96.95
Daily Pivot Point S2	96.78
Daily Pivot Point S3	96.59
Daily Pivot Point R1	97.31
Daily Pivot Point R2	97.5
Daily Pivot Point R3	97.67

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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