US Dollar Index Technical Analysis: Focus has now shifted to the 97.40 region

  • The greenback is facing some difficulties just above the 97.00 milestone today.
  • If the 97.00 level is cleared on a sustainable basis, the next hurdle of relevance should emerge in the 97.40 region, coincident with early June tops and the 55-day and 21-day SMAs.
  • Looking at the broader picture, the 200-day SMA and the multi-month support line in the mid-96.00s should hold the downside and keep the constructive bias intact.

DXY daily chart

Dollar Index Spot

Today last price 97
Today Daily Change 13
Today Daily Change % -0.04
Today daily open 97.04
Daily SMA20 97.5
Daily SMA50 97.48
Daily SMA100 97.03
Daily SMA200 96.57
Previous Daily High 97.08
Previous Daily Low 96.87
Previous Weekly High 97.81
Previous Weekly Low 96.46
Previous Monthly High 98.38
Previous Monthly Low 97.03
Daily Fibonacci 38.2% 97
Daily Fibonacci 61.8% 96.95
Daily Pivot Point S1 96.91
Daily Pivot Point S2 96.79
Daily Pivot Point S3 96.7
Daily Pivot Point R1 97.12
Daily Pivot Point R2 97.21
Daily Pivot Point R3 97.33



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