US Dollar Index Technical Analysis: DXY rolling into Asia near multi-month’s highs

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).
DXY hit a new 2019 high at 97.78 during the North American session.

DXY 4-hour chart

There is currently no acceptance above the 97.70 key resistance.

DXY 30-minute chart

The momentum is bullish however bulls will need a convincing breakout above 97.70 resistance.
Failure to retake that price level would see the current up move as a bullish overaction exposing 97.50/40 support to the downside.
Alternatively, the bullish scenario would entail a break above 97.70 towards 98.00 and 98.50 resistances.

Additional key levels

Dollar Index Spot

Overview
Today last price	97.61
Today Daily Change	0.31
Today Daily Change %	0.32
Today daily open	97.3

Trends
Daily SMA20	97.15
Daily SMA50	96.86
Daily SMA100	96.63
Daily SMA200	96.12

Levels
Previous Daily High	97.4
Previous Daily Low	97.26
Previous Weekly High	97.49
Previous Weekly Low	96.79
Previous Monthly High	97.71
Previous Monthly Low	95.74
Daily Fibonacci 38.2%	97.31
Daily Fibonacci 61.8%	97.35
Daily Pivot Point S1	97.24
Daily Pivot Point S2	97.18
Daily Pivot Point S3	97.1
Daily Pivot Point R1	97.38
Daily Pivot Point R2	97.46
Daily Pivot Point R3	97.52

Author

Flavio Tosti

Independent Analyst

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