US Dollar Index Technical Analysis: DXY breaks to a new 2019 high

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
DXY has reached a new 2019 high.

DXY 4-hour chart

DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.

DXY 30-minute chart

DXY is trading above its main SMAs suggesting bullish momentum.
Bulls will try to break above 97.12 in order to reach 97.40 to the upside.
Supports are seen at 96.90, 96.70 and 96.40 levels.

Dollar Index Spot

Overview:
    Today Last Price: 97.06

    Today Daily change %: 0.43%
    Today Daily Open: 96.64
Trends:
    Daily SMA20: 96.04
    Daily SMA50: 96.4
    Daily SMA100: 96.24
    Daily SMA200: 95.4
Levels:
    Previous Daily High: 96.69
    Previous Daily Low: 96.45
    Previous Weekly High: 96.69
    Previous Weekly Low: 95.58
    Previous Monthly High: 96.96
    Previous Monthly Low: 95.03
    Daily Fibonacci 38.2%: 96.6
    Daily Fibonacci 61.8%: 96.54
    Daily Pivot Point S1: 96.5
    Daily Pivot Point S2: 96.35
    Daily Pivot Point S3: 96.26
    Daily Pivot Point R1: 96.74
    Daily Pivot Point R2: 96.83
    Daily Pivot Point R3: 96.98

Additional key levels

Author

Flavio Tosti

Independent Analyst

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