US Dollar Index Technical Analysis: Greenback bulls bring the market above 97.00 figure

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages.
Bulls took the lead on Friday and brought the index back above the 97.00 level.
The path of least resistance is to the upside with 97.50 as the first target for bulls.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 97.19
    Today Daily change: 43 pips
    Today Daily change %: 0.444%
    Today Daily Open: 96.76
Trends:
    Previous Daily SMA20: 96.77
    Previous Daily SMA50: 96.08
    Previous Daily SMA100: 95.59
    Previous Daily SMA200: 93.86
Levels:
    Previous Daily High: 97
    Previous Daily Low: 96.62
    Previous Weekly High: 96.98
    Previous Weekly Low: 96.04
    Previous Monthly High: 97.2
    Previous Monthly Low: 94.79
    Previous Daily Fibonacci 38.2%: 96.77
    Previous Daily Fibonacci 61.8%: 96.85
    Previous Daily Pivot Point S1: 96.59
    Previous Daily Pivot Point S2: 96.41
    Previous Daily Pivot Point S3: 96.21
    Previous Daily Pivot Point R1: 96.97
    Previous Daily Pivot Point R2: 97.17
    Previous Daily Pivot Point R3: 97.35

Author

Flavio Tosti

Independent Analyst

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