USD Index Price Analysis: Initial support emerges around 105.30

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USD Index Price Analysis: Initial support emerges around 105.30
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DXY regains composure and reclaims the area past the 106.00 hurdle on Tuesday It seems the index keeps trading within a consolidative phase for the ti

DXY rebounds sharply and regains the 106.00 zone. Further up comes the next up-barrier near 106.80. me being. Occasional bullish attempts, in the meantime, continue to target the weekly high of 106.78 prior to the 2023 top of 107.34 . So far, while above the key 200-day SMA, today at 103.32, the outlook for the index is expected to remain constructive. DXY daily chart Dollar Index Spot Overview Today last price 106.03 Today Daily Change 69 Today Daily Change % 0.

41 Today daily open 105.6 Trends Daily SMA20 106.31 Daily SMA50 105.16 Daily SMA100 103.69 Daily SMA200 103.32 Levels Previous Daily High 106.33 Previous Daily Low 105.52 Previous Weekly High 106.67 Previous Weekly Low 105.96 Previous Monthly High 106.84 Previous Monthly Low 103.27 Daily Fibonacci 38.2% 105.83 Daily Fibonacci 61.8% 106.02 Daily Pivot Point S1 105.3 Daily Pivot Point S2 105 Daily Pivot Point S3 104.48 Daily Pivot Point R1 106.12 Daily Pivot Point R2 106.

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