US Dollar Index Technical Analysis: Extra recovery now targets the 97.00 handle

Renewed and strong buying pressure has emerged today and is pushing DXY back to the 96.80 region, or multi-day highs.
Immediately above aligns the critical barrier at 97.00 the figure ahead of mid-February peaks near 97.40. A surpass of this region should put 2019 highs around 97.70 back on the radar.
On the broader picture, the positive stance on the buck appears intact while above the 200-day SMA, today at 95.86.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	96.74
Today Daily Change	59
Today Daily Change %	0.40
Today daily open	96.35

Trends
Daily SMA20	96.62
Daily SMA50	96.41
Daily SMA100	96.56
Daily SMA200	95.85

Levels
Previous Daily High	96.62
Previous Daily Low	95.83
Previous Weekly High	97.45
Previous Weekly Low	96.38
Previous Monthly High	97.37
Previous Monthly Low	95.4
Daily Fibonacci 38.2%	96.32
Daily Fibonacci 61.8%	96.13
Daily Pivot Point S1	95.91
Daily Pivot Point S2	95.48
Daily Pivot Point S3	95.12
Daily Pivot Point R1	96.7
Daily Pivot Point R2	97.06
Daily Pivot Point R3	97.49

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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