US Dollar Index Technical Analysis: The Greenback meets resistance near 97.90

The recovery in the index met a tough hurdle near 97.90, where aligns a Fibo retracement of the 2017-2018 decline.
DXY has regained the constructive outlook after clearing the key 200-day SMA last week, today at 97.41.
That said, the next target is now at the 55-day SMA at 98.35 ahead of 99.25 (October 8^th).

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	97.76
Today Daily Change	15
Today Daily Change %	-0.07
Today daily open	97.83

Trends
Daily SMA20	98.35
Daily SMA50	98.42
Daily SMA100	97.85
Daily SMA200	97.43

Levels
Previous Daily High	97.9
Previous Daily Low	97.57
Previous Weekly High	97.9
Previous Weekly Low	97.15
Previous Monthly High	99.46
Previous Monthly Low	97.99
Daily Fibonacci 38.2%	97.77
Daily Fibonacci 61.8%	97.7
Daily Pivot Point S1	97.63
Daily Pivot Point S2	97.44
Daily Pivot Point S3	97.3
Daily Pivot Point R1	97.96
Daily Pivot Point R2	98.1
Daily Pivot Point R3	98.29

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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