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29 Mar 2019
US Dollar Index Technical Analysis: Greenback climbing above 97.00 handle
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 is trading above its main SMAs suggesting bullish momentum.
DXY 30-minute chart
- DXY is trading above its main SMAs suggesting a bullish bias in the short-term.
- A break above 97.60 resistance should lead to 97.50 and 97.70 if bulls have enough fuel.
- Support is at 97.10 and 96.90 level.
Additional key levels