US Dollar Index Technical Analysis: Extra gains expected above recent highs around 96.80

DXY is now trading within a sideline theme around the 21-day and 100-day SMAs in the 96.50/60 band.
The greenback needs to overcome last week’s tops at 96.80 to allow for further upside to, initially, February high at 97.37.
Looking at the broader picture, the constructive bias remains unchanged while above the key 200-day SMA at 95.87. This area of support is reinforced by March 20 low at 95.74.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	96.57
Today Daily Change	9
Today Daily Change %	0.06
Today daily open	96.53

Trends
Daily SMA20	96.63
Daily SMA50	96.44
Daily SMA100	96.56
Daily SMA200	95.87

Levels
Previous Daily High	96.68
Previous Daily Low	96.41
Previous Weekly High	96.81
Previous Weekly Low	95.74
Previous Monthly High	97.37
Previous Monthly Low	95.4
Daily Fibonacci 38.2%	96.51
Daily Fibonacci 61.8%	96.58
Daily Pivot Point S1	96.4
Daily Pivot Point S2	96.27
Daily Pivot Point S3	96.13
Daily Pivot Point R1	96.67
Daily Pivot Point R2	96.81
Daily Pivot Point R3	96.94

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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