DXY daily chart
- The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).
- DXY is trading above its main SMAs suggesting bullish momentum.
- DXY is trading above its main SMAs suggesting a bullish bias in the short-term.
- The bull trend is intact and the market will have to break above 97.40 key resistance to extend gains towards the 96.60 level.
- Looking to the downside, support is at 97.20, 97.00 and 96.80 level.
Additional key levels
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