US Dollar Index Technical Analysis: Greenback resurgence on Monday as DXY bulls target the 2018 high

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages.
DXY is breaking out to the upside from the triangle pattern suggesting a potential run to 97.54 and 97.70 (2018 high).
A break below 96.50 would be considered bearish.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 97.21
    Today Daily change: 61 pips
    Today Daily change %: 0.631%
    Today Daily Open: 96.6
Trends:
    Previous Daily SMA20: 96.91
    Previous Daily SMA50: 96.37
    Previous Daily SMA100: 95.71
    Previous Daily SMA200: 94.07
Levels:
    Previous Daily High: 96.92
    Previous Daily Low: 96.51
    Previous Weekly High: 97.21
    Previous Weekly Low: 96.37
    Previous Monthly High: 97.7
    Previous Monthly Low: 95.68
    Previous Daily Fibonacci 38.2%: 96.67
    Previous Daily Fibonacci 61.8%: 96.76
    Previous Daily Pivot Point S1: 96.43
    Previous Daily Pivot Point S2: 96.27
    Previous Daily Pivot Point S3: 96.02
    Previous Daily Pivot Point R1: 96.84
    Previous Daily Pivot Point R2: 97.09
    Previous Daily Pivot Point R3: 97.25

Author

Flavio Tosti

Independent Analyst

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