US Dollar Index technical analysis: DXY ends the week on its low near 98.60 level

DXY daily chart The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). DXY is trading down for the second  |  24/05/2019 19:50

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
DXY is trading down for the second consecutive day after establishing a new 2019 high this Thursday. 

DXY 4-hour chart

The greenback is steeply down just above 97.50 and the 200 SMA. 

DXY 30-minute chart

DXY bears took the lead as 97.50, 97.30 and 97.00 become targets to the downside. Resistance is seen at 97.80 and 98.10. 


Additional key levels

 

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