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US Dollar Index technical analysis: DXY ends the week on its low near 98.60 level

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
DXY is trading down for the second consecutive day after establishing a new 2019 high this Thursday. 

DXY 4-hour chart

The greenback is steeply down just above 97.50 and the 200 SMA. 

DXY 30-minute chart

DXY bears took the lead as 97.50, 97.30 and 97.00 become targets to the downside. Resistance is seen at 97.80 and 98.10. 


Additional key levels

Dollar Index Spot

Overview
Today last price97.57
Today Daily Change-0.29
Today Daily Change %-0.30
Today daily open97.86
 
Trends
Daily SMA2097.71
Daily SMA5097.32
Daily SMA10096.83
Daily SMA20096.42
Levels
Previous Daily High98.38
Previous Daily Low97.8
Previous Weekly High98.03
Previous Weekly Low97.03
Previous Monthly High98.34
Previous Monthly Low96.74
Daily Fibonacci 38.2%98.02
Daily Fibonacci 61.8%98.16
Daily Pivot Point S197.65
Daily Pivot Point S297.43
Daily Pivot Point S397.07
Daily Pivot Point R198.23
Daily Pivot Point R298.59
Daily Pivot Point R398.81

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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