US Dollar Index technical analysis: Greenback attempts a come back above the 97.00 handle


  • DXY regained some ground above the 97.00 handle.
  • The 97.30 level can be a tough resistance to break for bulls. 

 
DXY daily chart

The US Dollar Index (DXY) tested the 96.80 level and the 200-day simple moving average (DSMA). 

DXY 4-hour chart

The market is challenging the 97.00 handle and the 100/200 SMA. A breach below 97.00 could lead to 96.60 and 96.37.

DXY 30-minute chart

The greenback snapped back up above 97.00 this Thursday. Bulls will try to reach 97.30 and 97.55 levels to the upside. The 100 SMA crossed below the 200 SMA (near 97.30) which is seen as bearish. The 97.30 resistance can become a tough nut to crack for bulls. 


Additional key levels

Dollar Index Spot

Overview
Today last price 97.05
Today Daily Change -0.08
Today Daily Change % -0.08
Today daily open 97.13
 
Trends
Daily SMA20 96.85
Daily SMA50 97.26
Daily SMA100 97.13
Daily SMA200 96.77
Levels
Previous Daily High 97.55
Previous Daily Low 97.03
Previous Weekly High 97.45
Previous Weekly Low 96.28
Previous Monthly High 97.81
Previous Monthly Low 95.84
Daily Fibonacci 38.2% 97.23
Daily Fibonacci 61.8% 97.35
Daily Pivot Point S1 96.92
Daily Pivot Point S2 96.72
Daily Pivot Point S3 96.4
Daily Pivot Point R1 97.44
Daily Pivot Point R2 97.76
Daily Pivot Point R3 97.96

 

 

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