US Dollar Index Technical Analysis: DXY is down on Monday to 97.00 key figure

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 is an important support at 97.00 figure.

DXY 30-minute chart

• DXY is trading below its main SMAs suggesting a bearish bias in the short-term.
• Bears will need to overtake 97.00 key support. A breach below the level can open the doors to 96.80 and 96.60. 
• On the way up, 97.20 and 97.40 can offer resistance.

Additional key levels