US Dollar Index Technical Analysis: Rebound needs to regain the 96.60 region

DXY has regained some buying interest after bottoming out in the 95.80 region, coincident with late February lows. Further south emerges the next support ay 95.74, or March low.
The ongoing recovery should ideally retake the 96.60 region, where sit the critical 200-day SMA and the multi-month resistance line.
If/when this area is cleared, the immediate target will be monthly peaks in the 97.75/80 band.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	96.24
Today Daily Change	16
Today Daily Change %	0.06
Today daily open	96.18

Trends
Daily SMA20	97.09
Daily SMA50	97.45
Daily SMA100	97.13
Daily SMA200	96.65

Levels
Previous Daily High	96.37
Previous Daily Low	95.84
Previous Weekly High	97.77
Previous Weekly Low	96.15
Previous Monthly High	98.38
Previous Monthly Low	97.03
Daily Fibonacci 38.2%	96.17
Daily Fibonacci 61.8%	96.04
Daily Pivot Point S1	95.89
Daily Pivot Point S2	95.6
Daily Pivot Point S3	95.36
Daily Pivot Point R1	96.42
Daily Pivot Point R2	96.66
Daily Pivot Point R3	96.95

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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