US Dollar Index technical analysis: DXY up on Monday supported by the 200 DSMA

  • DXY is advancing little this Monday supported by the 200 DSMA.
  • The level to beat for bulls is 97.00 and 97.15.

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend just above the 200-day simple moving average (DSMA). 

DXY 4-hour chart

The market is in consolidation mode between the 100 and 200 SMAs. Bulls would need a break above 97.00 and 97.15 to get out of the woods.

DXY 30-minute chart

DXY got a small boost this Monday above the 96.80 support and the 50/100 SMAs. If bulls can overcome 97.15 resistance the 97.30 and 97.55 can come into play. 

Additional key levels

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