DXY Technical Analysis: The greenback stays supported by the short-term support line. Still targets 97.53
- The index is extending the ragebound theme around the 97.00 handle, while the constructive view stays unchanged above the short term support line, today at 96.44.
- A convincing surpass of weekly tops in the 97.20 area is needed to attempt a test of last week’s tops beyond 97.50, considered the last defense for a visit to 2018 highs just below 97.70.
- A break below the short-term support line should carry the potential for a new visit of the significant contention area in the 96.00 neighbourhood.
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 97.03
Today Daily change: 0.0 pips
Today Daily change %: 0.00%
Today Daily Open: 97.03
Trends:
Previous Daily SMA20: 96.92
Previous Daily SMA50: 96.3
Previous Daily SMA100: 95.68
Previous Daily SMA200: 94
Levels:
Previous Daily High: 97.21
Previous Daily Low: 96.83
Previous Weekly High: 97.54
Previous Weekly Low: 96.62
Previous Monthly High: 97.7
Previous Monthly Low: 95.68
Previous Daily Fibonacci 38.2%: 97.06
Previous Daily Fibonacci 61.8%: 96.98
Previous Daily Pivot Point S1: 96.84
Previous Daily Pivot Point S2: 96.64
Previous Daily Pivot Point S3: 96.46
Previous Daily Pivot Point R1: 97.22
Previous Daily Pivot Point R2: 97.4
Previous Daily Pivot Point R3: 97.6