US Dollar Index Technical Analysis: The greenback now targets 2019 highs beyond 98.30


  • The rally in the buck stays well in place so far this week, trading at shouting distance from the critical barrier at 98.00 the figure.
  • In order to challenge 2019 highs in the 98.30 region, DXY needs to clear recent tops at 98.10 (May 3) in a sustainable fashion.
  • The broader positive picture looks unchanged while above the key 200-day SMA at 96.34 and the +3-month support line at 96.46.

DXY daily chart

Dollar Index Spot

Overview
Today last price 97.82
Today Daily Change 11
Today Daily Change % -0.01
Today daily open 97.83
 
Trends
Daily SMA20 97.64
Daily SMA50 97.22
Daily SMA100 96.75
Daily SMA200 96.38
Levels
Previous Daily High 97.88
Previous Daily Low 97.44
Previous Weekly High 97.74
Previous Weekly Low 97.13
Previous Monthly High 98.34
Previous Monthly Low 96.74
Daily Fibonacci 38.2% 97.71
Daily Fibonacci 61.8% 97.61
Daily Pivot Point S1 97.55
Daily Pivot Point S2 97.28
Daily Pivot Point S3 97.11
Daily Pivot Point R1 97.99
Daily Pivot Point R2 98.16
Daily Pivot Point R3 98.43

 

 

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