US Dollar Index technical analysis: DXY ends Tuesday just below 98.42 resistance level

DXY (US Dollar Index) ends Tuesday virtually unchanged.
The level to beat for buyers is at the 98.55 resistance level.

Flavio Tosti Independent Analyst

DXY daily chart

DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DSMAs). The Greenback is ending Tuesday within familiar ranges in the 98.10/98.55 zone.

DXY four-hour chart

The US dollar Index is ending the day above 96.26 support and the 100/200 SMAs. The bull trend remains intact with DXY buyers looking for a break beyond 98.55 resistance. Further up, the 98.68 and 98.94 resistance levels can be next in line.

DXY 30-minute chart

DXY remains confined in a small range as the market is trading above flattening 50 and 100 SMAs. The 200 SMA is capping the upside. Immediate support is seen at the 98.26 and 98.10 price levels.

Additional key levels

Dollar Index Spot

Overview
Today last price	98.37
Today Daily Change	0.05
Today Daily Change %	0.05
Today daily open	98.32

Trends
Daily SMA20	98.3
Daily SMA50	97.8
Daily SMA100	97.58
Daily SMA200	97.11

Levels
Previous Daily High	98.51
Previous Daily Low	98.14
Previous Weekly High	99.38
Previous Weekly Low	98.08
Previous Monthly High	99.02
Previous Monthly Low	97.21
Daily Fibonacci 38.2%	98.28
Daily Fibonacci 61.8%	98.37
Daily Pivot Point S1	98.14
Daily Pivot Point S2	97.95
Daily Pivot Point S3	97.77
Daily Pivot Point R1	98.51
Daily Pivot Point R2	98.69
Daily Pivot Point R3	98.88

Author

Flavio Tosti

Independent Analyst

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