US Dollar Index Technical Analysis: The weekly range appears supported by the 21-day SMA

DXY has faded the optimism seen at the beginning of the week and is now back to the 98.90/80 region.
The 21-day SMA at 98.71 continues to underpin the price action in the Greenback for the time being, although DXY needs to surpass the 10-day SMA just above 99.00 the figure to re-assert the bullish view.
Immediately above emerges the initial resistance at early September peak at 99.37 seconded by the 2019 high near 99.70.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	98.91
Today Daily Change	18
Today Daily Change %	-0.07
Today daily open	98.98

Trends
Daily SMA20	98.72
Daily SMA50	98.38
Daily SMA100	97.79
Daily SMA200	97.29

Levels
Previous Daily High	99.01
Previous Daily Low	98.74
Previous Weekly High	99.67
Previous Weekly Low	98.63
Previous Monthly High	99.46
Previous Monthly Low	97.99
Daily Fibonacci 38.2%	98.91
Daily Fibonacci 61.8%	98.84
Daily Pivot Point S1	98.81
Daily Pivot Point S2	98.64
Daily Pivot Point S3	98.54
Daily Pivot Point R1	99.08
Daily Pivot Point R2	99.18
Daily Pivot Point R3	99.35

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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