US Dollar Index Technical Analysis: initial hurdle remains at 98.00

The upside in the index met a tough barrier in the 98.00 neighbourhood for the time being, or monthly highs.
In the meantime, the positive view on DXY remains unchanged while above the critical 200-day SMA, today at 97.48.
That said, further gains should now initially target the 55-day SMA at 98.27 ahead of 99.25 (high October 8^th).

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	97.83
Today Daily Change	20
Today Daily Change %	-0.13
Today daily open	97.96

Trends
Daily SMA20	97.76
Daily SMA50	98.34
Daily SMA100	97.88
Daily SMA200	97.5

Levels
Previous Daily High	97.98
Previous Daily Low	97.78
Previous Weekly High	98
Previous Weekly Low	97.16
Previous Monthly High	99.67
Previous Monthly Low	97.15
Daily Fibonacci 38.2%	97.9
Daily Fibonacci 61.8%	97.86
Daily Pivot Point S1	97.83
Daily Pivot Point S2	97.71
Daily Pivot Point S3	97.63
Daily Pivot Point R1	98.03
Daily Pivot Point R2	98.11
Daily Pivot Point R3	98.23

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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