DXY Technical Analysis: The greenback remains firm and could re-test 2018 highs near 97.70
- DXY is looking to extend the up move for another session on Wednesday, so far managing well to keep the trade above the critical 97.00 mark.
- The constructive stance remains well and sound while above the short-term support line, today at 96.33, and July’s low at 93.71 on a broader view.
- A test of YTD highs near 97.70 remains thus on the cards, while further upside should meet resistance at 97.87, where converge a Fibo retracement of the 2017-2018 drop and June’s 2017 peak.
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 97.35
Today Daily change: -1.0 pips
Today Daily change %: -0.0103%
Today Daily Open: 97.36
Trends:
Previous Daily SMA20: 96.76
Previous Daily SMA50: 95.98
Previous Daily SMA100: 95.55
Previous Daily SMA200: 93.79
Levels:
Previous Daily High: 97.5
Previous Daily Low: 96.97
Previous Weekly High: 96.98
Previous Weekly Low: 96.04
Previous Monthly High: 97.2
Previous Monthly Low: 94.79
Previous Daily Fibonacci 38.2%: 97.3
Previous Daily Fibonacci 61.8%: 97.17
Previous Daily Pivot Point S1: 97.05
Previous Daily Pivot Point S2: 96.75
Previous Daily Pivot Point S3: 96.52
Previous Daily Pivot Point R1: 97.58
Previous Daily Pivot Point R2: 97.81
Previous Daily Pivot Point R3: 98.11