US Dollar Index Technical Analysis: DXY bulls en route towards 97.00

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.
• 96.80, 97.00 and 97.40 are the next resistances to overcome to the upside.
• Support is at 96.30, 96.10 and 95.90 level.

Additional key levels