US Dollar Index Technical Analysis: DXY ends the week near its highs

DXY daily chart

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

DXY 4-hour chart

• DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.

DXY 30-minute chart

• DXY is trading above its main SMAs suggesting a bullish bias in the short-term.
• Bulls will likely try to lift the market towards 97.60 and 97.71 key resistances. 
• On the way down, support is seen at 97.20, 97.00 and 96.80 level.

Additional key levels