US Dollar Index Technical Analysis: Extra gains could now test 97.60 ahead of 97.80

DXY is prolonging the upside momentum well beyond the 9700 handle and is now facing interim resistance at monthly peaks near 97.60.
Extra buying impulse should lift the index to June tops around 97.80, at shouting distance from the key barrier at 98.00 the figure.
Looking at the broader picture, the constructive outlook on the buck is expected to persist above the critical 200-day SMA at 96.83.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	97.44
Today Daily Change	21
Today Daily Change %	0.15
Today daily open	97.29

Trends
Daily SMA20	96.89
Daily SMA50	97.19
Daily SMA100	97.19
Daily SMA200	96.83

Levels
Previous Daily High	97.3
Previous Daily Low	97.13
Previous Weekly High	97.45
Previous Weekly Low	96.67
Previous Monthly High	97.81
Previous Monthly Low	95.84
Daily Fibonacci 38.2%	97.24
Daily Fibonacci 61.8%	97.19
Daily Pivot Point S1	97.18
Daily Pivot Point S2	97.07
Daily Pivot Point S3	97.01
Daily Pivot Point R1	97.35
Daily Pivot Point R2	97.41
Daily Pivot Point R3	97.52

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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