US Dollar Index Technical Analysis: DXY bulls knocking at the 97.00 key resistance

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.

DXY 30-minute chart

• DXY is trading above its main SMAs suggesting a bullish bias in the short-term.
• 97.00 is a key resistance for bulls to break above. The next resistances are seen at 97.20 and 97.40 level.
• Support is at 96.60 and 96.40.

Additional key levels