USD Index Price Analysis: A deeper decline could extend to 104.40

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USD Index Price Analysis: A deeper decline could extend to 104.40
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The continuation of the sell-off drags DXY to the area of two-week lows around 105.60 on Wednesday. In case bears push harder, then index could then s

DXY keeps the bearish performance unchanged on Wednesday. Extra retracement could force the index to revisit the 104.40 region. lip back to the weekly low of 104.42 , which appears reinforced by the proximity of the interim 55-day SMA, today at 104.31. In the meantime, while above the key 200-day SMA, today at 103.18, the outlook for the index is expected to remain constructive. DXY daily chart Dollar Index Spot Overview Today last price 105.67 Today Daily Change 33 Today Daily Change % -0.

09 Today daily open 105.77 Trends Daily SMA20 105.92 Daily SMA50 104.49 Daily SMA100 103.5 Daily SMA200 103.19 Levels Previous Daily High 106.24 Previous Daily Low 105.66 Previous Weekly High 107.35 Previous Weekly Low 105.95 Previous Monthly High 106.84 Previous Monthly Low 103.27 Daily Fibonacci 38.2% 105.88 Daily Fibonacci 61.8% 106.02 Daily Pivot Point S1 105.54 Daily Pivot Point S2 105.31 Daily Pivot Point S3 104.96 Daily Pivot Point R1 106.12 Daily Pivot Point R2 106.

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