US Dollar Index technical analysis: DXY climbs above 97.00

DXY is grinding above the 97.00 handle.
Targets to the upside can be seen at 97.30 and 97.55.

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is in a bull trend above the 97.00 level and the 100/ 200-day simple moving averages (DSMA).

DXY 4-hour chart

DXY is trading above the 50 SMA.

DXY 30-minute chart

DXY is trading above its main SMAs suggesting bullish momentum in the near term. Bulls want a continuation to 97.30 and 97.55 resistances. Support is at 97.00 and 96.74.

Additional key levels

Dollar Index Spot

Overview
Today last price	97.05
Today Daily Change	0.05
Today Daily Change %	0.05
Today daily open	97

Trends
Daily SMA20	97.54
Daily SMA50	97.48
Daily SMA100	97.03
Daily SMA200	96.56

Levels
Previous Daily High	97.02
Previous Daily Low	96.58
Previous Weekly High	97.81
Previous Weekly Low	96.46
Previous Monthly High	98.38
Previous Monthly Low	97.03
Daily Fibonacci 38.2%	96.85
Daily Fibonacci 61.8%	96.75
Daily Pivot Point S1	96.71
Daily Pivot Point S2	96.43
Daily Pivot Point S3	96.27
Daily Pivot Point R1	97.15
Daily Pivot Point R2	97.31
Daily Pivot Point R3	97.59

Author

Flavio Tosti

Independent Analyst

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