US Dollar Index Technical Analysis: DXY jumps above the 96.30 level

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DXY daily chart

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

DXY 4-hour chart

DXY jumped above the 96.30 resistance as the bulls reclaimes the 50 and 100 SMAs.

DXY 30-minute chart

DXY is set to continue its upmove to 96.50 but it remains to be seen how far the bulls can keep the market going.
To the downside, bears will be looking for 96.30 and 96.00 targets.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 96.37
    Today Daily change: 0.28 pips
    Today Daily change %: 0.29%
    Today Daily Open: 96.09
Trends:
    Daily SMA20: 96.19
    Daily SMA50: 96.66
    Daily SMA100: 96.05
    Daily SMA200: 94.99
Levels:
    Previous Daily High: 96.27
    Previous Daily Low: 95.99
    Previous Weekly High: 96.12
    Previous Weekly Low: 95.03
    Previous Monthly High: 97.71
    Previous Monthly Low: 96.06
    Daily Fibonacci 38.2%: 96.1
    Daily Fibonacci 61.8%: 96.16
    Daily Pivot Point S1: 95.96
    Daily Pivot Point S2: 95.84
    Daily Pivot Point S3: 95.68
    Daily Pivot Point R1: 96.24
    Daily Pivot Point R2: 96.4
    Daily Pivot Point R3: 96.52