US Dollar Index technical analysis: DXY in danger of turning bearish below its 200 DSMA

The bull trend might be in peril as bears brroke below a key support and the 200 DSMA.
Targets to the downside can be seen at 95.74 and 95.17.

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) broke below 96.46 key support and its 200-day simple moving average (DSMA) suggesting that the bull trend might start to fizzle out.

DXY 4-hour chart

DXY is trading below its main SMAs suggesting bearish momentum in the near term. Bears can reach 95.74 and 95.17 to the downside. Resistance is at 96.46 and 69.74. .

Additional key levels

Dollar Index Spot

Overview
Today last price	96.2
Today Daily Change	-0.44
Today Daily Change %	-0.46
Today daily open	96.64

Trends
Daily SMA20	97.33
Daily SMA50	97.5
Daily SMA100	97.12
Daily SMA200	96.63

Levels
Previous Daily High	97.26
Previous Daily Low	96.56
Previous Weekly High	97.59
Previous Weekly Low	96.58
Previous Monthly High	98.38
Previous Monthly Low	97.03
Daily Fibonacci 38.2%	96.83
Daily Fibonacci 61.8%	96.99
Daily Pivot Point S1	96.38
Daily Pivot Point S2	96.12
Daily Pivot Point S3	95.68
Daily Pivot Point R1	97.08
Daily Pivot Point R2	97.52
Daily Pivot Point R3	97.78

Author

Flavio Tosti

Independent Analyst

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