US Dollar Index Technical Analysis: Upside momentum remains firm. Eyes on 2019 highs near 99.00

The index is prolonging the positive note at the end of the week and already trades at shouting distance from May tops in the boundaries of 98.40.
Further upside should see YTD tops in levels just below the 99.00 mark re-tested in the near term.
While above the short-term support line off June’s low (95.84), today at 97.22, the upside momentum in the buck looks well sustained.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	98.26
Today Daily Change	17
Today Daily Change %	0.11
Today daily open	98.15

Trends
Daily SMA20	97.81
Daily SMA50	97.25
Daily SMA100	97.38
Daily SMA200	96.98

Levels
Previous Daily High	98.24
Previous Daily Low	97.82
Previous Weekly High	98.11
Previous Weekly Low	97.21
Previous Monthly High	98.68
Previous Monthly Low	96.28
Daily Fibonacci 38.2%	98.08
Daily Fibonacci 61.8%	97.98
Daily Pivot Point S1	97.9
Daily Pivot Point S2	97.65
Daily Pivot Point S3	97.48
Daily Pivot Point R1	98.32
Daily Pivot Point R2	98.49
Daily Pivot Point R3	98.74

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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