US Dollar Index technical analysis: DXY flirting with daily lows below the 97.00 mark

DXY is trading near the daily lows below the 97.00 handle.
A break below 96.80 support caould lead to more down.

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above the 200-day simple moving average (DSMA). DXY is trading at daily lows.

DXY 4-hour chart

The market is under bearish pressure below the 97.00 handle and the 50/200 SMA. A breach below 96.80 could lead to 96.60 and 96.37.

DXY 30-minute chart

DXY is trading below its main SMAs suggesting bearish momentum in the near term. Immediate resistances are seen at 97.00 and 97.15.

Additioinal key levels

Dollar Index Spot

Overview
Today last price	96.89
Today Daily Change	-0.19
Today Daily Change %	-0.20
Today daily open	97.08

Trends
Daily SMA20	96.83
Daily SMA50	97.38
Daily SMA100	97.12
Daily SMA200	96.68

Levels
Previous Daily High	97.15
Previous Daily Low	96.79
Previous Weekly High	97.45
Previous Weekly Low	96.28
Previous Monthly High	97.81
Previous Monthly Low	95.84
Daily Fibonacci 38.2%	96.93
Daily Fibonacci 61.8%	97.01
Daily Pivot Point S1	96.86
Daily Pivot Point S2	96.65
Daily Pivot Point S3	96.5
Daily Pivot Point R1	97.22
Daily Pivot Point R2	97.37
Daily Pivot Point R3	97.58

Author

Flavio Tosti

Independent Analyst

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