USD Index Price Analysis: Further gains target the 102.60 zone

DXY adds to the weekly rebound and trespasses 101.00.
Immediately to the upside emerges the 102.60 region.

Pablo Piovano FXStreet

DXY picks up further impulse and records weekly peaks north of the key 101.00 barrier at the end of the week.

A more serious bullish attempt in the index should clear the 102.60 zone, where the provisional 55-day and 100-day SMAs coincide. North from here aligns the July high in the mid-103.00s seconded by the key 200-day SMA at 104.06.

Looking at the broader picture, while below the 200-day SMA, the outlook for the index is expected to remain negative.

DXY daily chart

Dollar Index Spot

Overview
Today last price	100.99
Today Daily Change	40
Today Daily Change %	0.16
Today daily open	100.83

Trends
Daily SMA20	101.85
Daily SMA50	102.74
Daily SMA100	102.65
Daily SMA200	103.83

Levels
Previous Daily High	100.97
Previous Daily Low	100.02
Previous Weekly High	102.57
Previous Weekly Low	99.58
Previous Monthly High	104.5
Previous Monthly Low	101.92
Daily Fibonacci 38.2%	100.61
Daily Fibonacci 61.8%	100.38
Daily Pivot Point S1	100.24
Daily Pivot Point S2	99.65
Daily Pivot Point S3	99.29
Daily Pivot Point R1	101.2
Daily Pivot Point R2	101.56
Daily Pivot Point R3	102.15

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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