USD Index Price Analysis: Next on the upside comes the 102.60 area

DXY maintains the bullish development above 101.00.
Next up-barrier of note emerge around the 102.60 zone.

Pablo Piovano FXStreet

DXY advances for the fifth consecutive session so far and looks to consolidate the recent breakout of the key 101.00 hurdle.

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 104.00.

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	101.27
Today Daily Change	53
Today Daily Change %	0.18
Today daily open	101.09

Trends
Daily SMA20	101.77
Daily SMA50	102.7
Daily SMA100	102.61
Daily SMA200	103.78

Levels
Previous Daily High	101.19
Previous Daily Low	100.72
Previous Weekly High	101.19
Previous Weekly Low	99.57
Previous Monthly High	104.5
Previous Monthly Low	101.92
Daily Fibonacci 38.2%	101.01
Daily Fibonacci 61.8%	100.9
Daily Pivot Point S1	100.81
Daily Pivot Point S2	100.54
Daily Pivot Point S3	100.35
Daily Pivot Point R1	101.28
Daily Pivot Point R2	101.47
Daily Pivot Point R3	101.74

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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