USD Index Price Analysis: There is an initial resistance around 107.00

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USD Index Price Analysis: There is an initial resistance around 107.00
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- DXY now comes under some downside pressure near 106.50. - Occasional bullish attempts should meet the next hurdle near 107.00. DXY sees its recent u

pside momentum somewhat trimmed and revisits the mid-106.00s at the end of the week. If the index breaks above the weekly top at 106.89 , it could then target the round level of 107.00 prior to the 2023 high of 107.34 . So far, while above the key 200-day SMA, today at 103.39, the outlook for the index is expected to remain constructive. DXY daily chart Dollar Index Spot Overview Today last price 106.56 Today Daily Change 37 Today Daily Change % -0.06 Today daily open 106.

62 Trends Daily SMA20 106.34 Daily SMA50 105.34 Daily SMA100 103.77 Daily SMA200 103.38 Levels Previous Daily High 106.89 Previous Daily Low 106.52 Previous Weekly High 106.67 Previous Weekly Low 105.96 Previous Monthly High 106.84 Previous Monthly Low 103.27 Daily Fibonacci 38.2% 106.75 Daily Fibonacci 61.8% 106.66 Daily Pivot Point S1 106.46 Daily Pivot Point S2 106.3 Daily Pivot Point S3 106.08 Daily Pivot Point R1 106.83 Daily Pivot Point R2 107.05 Daily Pivot Point R3 107.

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