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.

Flavio Tosti Independent Analyst

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

Author

Flavio Tosti

Independent Analyst

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