DXY regains composure and manages to partially reverse the recent three-day decline so far at the beginning of the week. Considering the ongoing price
DXY reverses three consecutive daily drops on Monday. The continuation of the rebound shifts the attention to the 2023 top. action, extra gains appear likely in the dollar for the time being. Once the index clears the 2023 top of 107.34 , it could encourage bulls to challenge the weekly peak at 107.99 just ahead of the round level at 108.00. In the meantime, while above the key 200-day SMA, today at 103.17, the outlook for the index is expected to remain constructive.
38 Today Daily Change 50 Today Daily Change % 0.27 Today daily open 106.09 Trends Daily SMA20 105.78 Daily SMA50 104.34 Daily SMA100 103.45 Daily SMA200 103.17 Levels Previous Daily High 106.98 Previous Daily Low 105.95 Previous Weekly High 107.35 Previous Weekly Low 105.95 Previous Monthly High 106.84 Previous Monthly Low 103.27 Daily Fibonacci 38.2% 106.34 Daily Fibonacci 61.8% 106.59 Daily Pivot Point S1 105.7 Daily Pivot Point S2 105.31 Daily Pivot Point S3 104.67 Daily Pivot Point R1 106.
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