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US Dollar Index Technical: DXY bulls holding on near the 97.00 figure

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).

DXY 4-hour chart

  • DXY found some support at the 200 SMA.

DXY 30-minute chart

  • DXY bulls are parked below 97.00 and the 200 SMA. A bullish break above the resistance would open the doors to 97.20 and potentially 97.40 level. 
  • Supports to the downside is seen at 96.80 and 96.60 level.


Additional key levels

 

 

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