US Dollar Index Technical Analysis: Looks to regain the 98.00 barrier and above

The index continues to recover ground lost following Friday’s sharp pullback to the 97.20 area, coincident with the 1-year support line and earlier August lows.
Further upside should put the 98.00 handle back on the radar ahead of last week’s tops in the 98.50 zone.
In the broader scenario, while above the 200-day SMA at 97.00, the constructive outlook is expected to remain unchanged.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	97.94
Today Daily Change	49
Today Daily Change %	0.28
Today daily open	97.67

Trends
Daily SMA20	97.97
Daily SMA50	97.39
Daily SMA100	97.44
Daily SMA200	97.01

Levels
Previous Daily High	98.45
Previous Daily Low	97.59
Previous Weekly High	98.45
Previous Weekly Low	97.59
Previous Monthly High	98.68
Previous Monthly Low	96.28
Daily Fibonacci 38.2%	97.92
Daily Fibonacci 61.8%	98.12
Daily Pivot Point S1	97.36
Daily Pivot Point S2	97.04
Daily Pivot Point S3	96.5
Daily Pivot Point R1	98.22
Daily Pivot Point R2	98.76
Daily Pivot Point R3	99.08

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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