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US Dollar Index Technical Analysis: The greenback remains underpinned by the 200-day SMA at 96.48

  • The index looks under pressure so far this week, trading at shouting distance from recent lows in the 96.50 region.
  • Above this area of support the positive view on DXY is expected to remain unchanged. This zone is also reinforced by the multi-month support line, today at 96.52.
  • Bullish attempts are expected to meet initial hurdle at the 100-day SMA at 96.98 ahead of peaks recorded in earlier June in the 97.40 region.

DXY daily chart

Dollar Index Spot

Overview
Today last price96.67
Today Daily Change10
Today Daily Change %-0.05
Today daily open96.72
 
Trends
Daily SMA2097.57
Daily SMA5097.48
Daily SMA10097.02
Daily SMA20096.56
Levels
Previous Daily High96.89
Previous Daily Low96.64
Previous Weekly High97.81
Previous Weekly Low96.46
Previous Monthly High98.38
Previous Monthly Low97.03
Daily Fibonacci 38.2%96.74
Daily Fibonacci 61.8%96.79
Daily Pivot Point S196.61
Daily Pivot Point S296.5
Daily Pivot Point S396.36
Daily Pivot Point R196.86
Daily Pivot Point R297
Daily Pivot Point R397.11

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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