US Dollar Index Price Index: DXY advances to fresh 2020 highs, challenges 98.20 resistance

DXY is printing fresh 2020 highs at the start of the week.
The level to beat for buyers is the 99.20 resistance.

DXY daily chart

The US dollar index (DXY) is printing fresh 2020 high while trading well above the main daily simple moving averages (SMAs).

DXY four-hour chart

DXY is pressuring the 99.20 resistance while trading well above the main SMAs. The bulls are in control as they are eying the 99.40 and 99.60 resistances. Support is seen at the 99.00 figure and 98.50 level.

Additional key levels

Feb 17, 2020

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EUR/JPY Price Analysis: Euro consolidates near four-month lows, trades near 119.00 figure

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