US Dollar Index Asia Price Forecast: DXY parked below the 100.00 mark

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DXY daily chart

 
The US Dollar Index (DXY) is starting the week with an attempt to retake the 100.00 mark and the 50 SMA. However, Monday’s bulls’ effort has not been successful so far in breaking above the mentioned level. 
 

https://editorial.fxstreet.com/miscelaneous/daily-637260318311759496.png

DXY four-hour chart

 
DXY bounced from the monthly lows while challenging the main SMAs on the four-hour chart.  Buyers need a daily close above the 100.00 psychological mark for a possible run to the 100.30/50 resistance zone. However, looking down, market players will be on the lookout for a sustained breakdown below the 99.60 level for a potential retest of the 99.00 figure. 
  
 

https://editorial.fxstreet.com/miscelaneous/240-637260318451143709.png

 

Additional key levels

Dollar Index Spot

Overview
Today last price99.78
Today Daily Change-0.02
Today Daily Change %-0.02
Today daily open99.8

 

Trends
Daily SMA2099.77
Daily SMA5099.98
Daily SMA10098.95
Daily SMA20098.49

 

Levels
Previous Daily High99.88
Previous Daily Low99.39
Previous Weekly High100.47
Previous Weekly Low99
Previous Monthly High100.93
Previous Monthly Low98.81
Daily Fibonacci 38.2%99.69
Daily Fibonacci 61.8%99.57
Daily Pivot Point S199.5
Daily Pivot Point S299.2
Daily Pivot Point S399
Daily Pivot Point R199.99
Daily Pivot Point R2100.18
Daily Pivot Point R3100.48