US Dollar Index technical analysis: DXY is nearing the 2019 high

The Greenback broke above the 99.10 resistance.
The market is approaching the 2019 high at 99.38.

Flavio Tosti Independent Analyst

DXY daily chart

DXY (US Dollar Index) is an uptrend above the main daily simple moving averages (DSMAs). The market is approaching the 2019 high at 99.38.

DXY four-hour chart

DXY rose above the 99.10 resistance as the market is trading above the SMAs. The market is now at a stone’s throw from the 2019 high at 99.38. It will be interesting to see if this Friday the market will get there. A break above 99.38 can lead to the 100.00 big figure.

DXY 30-minute chart

DXY is trading above its main SMAs, suggesting a bullish bias in the short term. Immediate support is seen at the 98.85 and 98.60 price level.

Additional key levels

Dollar Index Spot

Overview
Today last price	99.23
Today Daily Change	0.19
Today Daily Change %	0.19
Today daily open	99.04

Trends
Daily SMA20	98.53
Daily SMA50	98.13
Daily SMA100	97.67
Daily SMA200	97.19

Levels
Previous Daily High	99.06
Previous Daily Low	98.32
Previous Weekly High	98.75
Previous Weekly Low	98.04
Previous Monthly High	99.02
Previous Monthly Low	97.21
Daily Fibonacci 38.2%	98.78
Daily Fibonacci 61.8%	98.6
Daily Pivot Point S1	98.55
Daily Pivot Point S2	98.07
Daily Pivot Point S3	97.81
Daily Pivot Point R1	99.29
Daily Pivot Point R2	99.55
Daily Pivot Point R3	100.03

Author

Flavio Tosti

Independent Analyst

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