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.

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

 

 

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