DXY sees its recent rebound to the 106.80 region lose momentum and recedes to the 106.40 zone at the beginning of the week. In case sellers regain the
DXY comes under some downside pressure following Friday’s tops. So far, the mid-105.00s emerges as a decent support zone. upper hand, then the index could slip back to the so far monthly low of 105.53 ahead of the weekly low of 104.42 , which still appears reinforced by the proximity of the interim 55-day SMA at 104.58. In the meantime, while above the key 200-day SMA, today at 103.22, the outlook for the index is expected to remain constructive.
42 Today Daily Change 29 Today Daily Change % -0.24 Today daily open 106.68 Trends Daily SMA20 106.09 Daily SMA50 104.73 Daily SMA100 103.56 Daily SMA200 103.21 Levels Previous Daily High 106.79 Previous Daily Low 106.29 Previous Weekly High 106.79 Previous Weekly Low 105.54 Previous Monthly High 106.84 Previous Monthly Low 103.27 Daily Fibonacci 38.2% 106.6 Daily Fibonacci 61.8% 106.48 Daily Pivot Point S1 106.38 Daily Pivot Point S2 106.09 Daily Pivot Point S3 105.88 Daily Pivot Point R1 106.
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