US Dollar Index technical analysis: DXY bulls en route towards the 2019 high

DXY breaks above 97.80 opening the gates to the 2019 high.
Support is seen at 97.80 and the 97.50 levels.

Flavio Tosti Independent Analyst

DXY daily chart

The market is trading in a bull trend above the main daily simple moving averages (DSMAs) as well as the 97.55 support.

DXY 4-hour chart

DXY bulls broke above 97.80 resistance opening to door to 98.38, the 2019 high. Immediate support is seen at the 97.80 and 97.50 levels.

Additional key levels

Dollar Index Spot

Overview
Today last price	98.01
Today Daily Change	0.22
Today Daily Change %	0.22
Today daily open	97.79

Trends
Daily SMA20	97.12
Daily SMA50	97.2
Daily SMA100	97.21
Daily SMA200	96.87

Levels
Previous Daily High	97.92
Previous Daily Low	97.49
Previous Weekly High	97.45
Previous Weekly Low	96.67
Previous Monthly High	97.81
Previous Monthly Low	95.84
Daily Fibonacci 38.2%	97.76
Daily Fibonacci 61.8%	97.65
Daily Pivot Point S1	97.55
Daily Pivot Point S2	97.3
Daily Pivot Point S3	97.12
Daily Pivot Point R1	97.98
Daily Pivot Point R2	98.16
Daily Pivot Point R3	98.41

Author

Flavio Tosti

Independent Analyst

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