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US Dollar Index technical analysis: DXY ends the week above 97.20 support

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
This Friday DXY declined slightly and found some support at the 50 SMA.

DXY 4-hour chart

DXY trades above 97.20 key support. 

DXY 30-minute chart

DXY is trading below its main SMAs suggesting a bearish bias in the short-term. 
However, the main trend is up and a bullish break above 97.35 can see a move towards 97.50, 97.70 and 97.90 level.
Support is seen at 97.35 and 97.20 level.  


Additional key levels

Dollar Index Spot

Overview
Today last price97.3
Today Daily Change-0.16
Today Daily Change %-0.16
Today daily open97.46
 
Trends
Daily SMA2097.53
Daily SMA5097.15
Daily SMA10096.71
Daily SMA20096.32
Levels
Previous Daily High97.71
Previous Daily Low97.24
Previous Weekly High98.1
Previous Weekly Low97.15
Previous Monthly High98.34
Previous Monthly Low96.74
Daily Fibonacci 38.2%97.42
Daily Fibonacci 61.8%97.53
Daily Pivot Point S197.23
Daily Pivot Point S297
Daily Pivot Point S396.76
Daily Pivot Point R197.7
Daily Pivot Point R297.94
Daily Pivot Point R398.17

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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