US Dollar Index Technical Analysis: The bullish view remains intact above the 55-day SMA at 98.29

DXY has so far met monthly support at 98.64 (October 3^rd), coincident with the 21-day SMA.
The continuation of the recovery could extend initially to 99.37 (early September peak) ahead of another test of the 2019 high near 99.70 (October 1^st).
In the meantime, the 55-day SMA at 98.29 keeps underpinning the immediate bullish view on the index.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	98.95
Today Daily Change	22
Today Daily Change %	0.12
Today daily open	98.83

Trends
Daily SMA20	98.69
Daily SMA50	98.36
Daily SMA100	97.78
Daily SMA200	97.27

Levels
Previous Daily High	99.01
Previous Daily Low	98.69
Previous Weekly High	99.67
Previous Weekly Low	98.63
Previous Monthly High	99.46
Previous Monthly Low	97.99
Daily Fibonacci 38.2%	98.81
Daily Fibonacci 61.8%	98.89
Daily Pivot Point S1	98.68
Daily Pivot Point S2	98.52
Daily Pivot Point S3	98.36
Daily Pivot Point R1	99
Daily Pivot Point R2	99.16
Daily Pivot Point R3	99.32

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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