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US Dollar Index Technical Analysis: Rising bets for a visit to 2019 highs below 99.00

  • DXY is looking to extend the rally and is now flirting with previous yearly highs in the 98.40 region.
  • Another visit to the 2019 highs just below the 99.00 barrier remains well on the cards as long as the short-term support line, today at 97.52, underpins.
  • On the broader perspective, above the critical 200-day SMA just below 97.00 the figure, the outlook on DXY is seen positive.

DXY daily chart

Dollar Index Spot

Overview
Today last price98.36
Today Daily Change12
Today Daily Change %-0.02
Today daily open98.38
 
Trends
Daily SMA2097.91
Daily SMA5097.31
Daily SMA10097.4
Daily SMA20097
Levels
Previous Daily High98.39
Previous Daily Low98.13
Previous Weekly High98.34
Previous Weekly Low97.32
Previous Monthly High98.68
Previous Monthly Low96.28
Daily Fibonacci 38.2%98.29
Daily Fibonacci 61.8%98.23
Daily Pivot Point S198.21
Daily Pivot Point S298.04
Daily Pivot Point S397.95
Daily Pivot Point R198.47
Daily Pivot Point R298.56
Daily Pivot Point R398.73

Author

Pablo Piovano

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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