US Dollar Index Technical Analysis: Keeps the constructive tone above 98.08

DXY manages well to keep business near the 98.40 region so far this week, recovering ground lost after Friday’s sell off.
Extra gains are expected to meet the next hurdle at 98.93 (high August 1^st) ahead of the 2019 high near 99.40 recorded on September 3^rd.
As long as the short-term support line, today at 98.08, underpins, the positive stance in the buck is expected to remain unchanged.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	98.39
Today Daily Change	20
Today Daily Change %	0.07
Today daily open	98.32

Trends
Daily SMA20	98.3
Daily SMA50	97.8
Daily SMA100	97.58
Daily SMA200	97.11

Levels
Previous Daily High	98.51
Previous Daily Low	98.14
Previous Weekly High	99.38
Previous Weekly Low	98.08
Previous Monthly High	99.02
Previous Monthly Low	97.21
Daily Fibonacci 38.2%	98.28
Daily Fibonacci 61.8%	98.37
Daily Pivot Point S1	98.14
Daily Pivot Point S2	97.95
Daily Pivot Point S3	97.77
Daily Pivot Point R1	98.51
Daily Pivot Point R2	98.69
Daily Pivot Point R3	98.88

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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