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 8th).

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

 

 

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