US Dollar Index Technical Analysis: Another leg up in the cards

DXY daily chart

• The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).
• DXY is trading near 97.00 and just above the 50 SMA. 

DXY 4-hour chart

• DXY is supported above the 200 SMA.

DXY 30-minute chart

• A sustained bull break above 97.00 resistance would open the doors to 97.20, 97.40 and 97.60 level. 
• Supports can be seen at 96.80 and 96.60 level.

Additional key levels