US Dollar Index Technical Analysis: Recovery now targets the 97.80 area

  • The index remains in ‘recovery mode’ so far this week, extending the up move following the recent break above of the 97.00 barrier.
  • Immediately to the upside emerges monthly peaks near 97.60 ahead of June tops near 97.80.
  • Furthermore, above the 200-day SMA at 96.79 and the multi-month support line at 96.85, the constructive outlook remains unchanged.

DXY daily chart

Dollar Index Spot

Today last price 97.39
Today Daily Change 13
Today Daily Change % 0.01
Today daily open 97.38
Daily SMA20 96.77
Daily SMA50 97.22
Daily SMA100 97.16
Daily SMA200 96.8
Previous Daily High 97.44
Previous Daily Low 96.92
Previous Weekly High 97.59
Previous Weekly Low 96.79
Previous Monthly High 97.81
Previous Monthly Low 95.84
Daily Fibonacci 38.2% 97.24
Daily Fibonacci 61.8% 97.12
Daily Pivot Point S1 97.05
Daily Pivot Point S2 96.73
Daily Pivot Point S3 96.53
Daily Pivot Point R1 97.57
Daily Pivot Point R2 97.77
Daily Pivot Point R3 98.09



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