US Dollar Index Technical Analysis: Greenback bulls booking some profits after DXY tests 2018 high

• The US Dollar Index (DXY) is losing some steam as it is pulling back after the spike up on Thursday. It is currently testing the 23% Fibonacci retracement of the last leg up from yesterday. 
• DXY tested the 2018 high at 95.03 but failed to break above it. Although it is too early to call a top this can potentially be the last desperate attempt by USD bulls before a protracted DXY correction.
• Support is likely expected at the 94.44 June 1, swing high and then at the 94.00 figure. As we are heading towards the weekend some investors are booking some profits. 

DXY 15-minute chart

Spot rate:                94.74
Relative change:    -0.19%     
High:                       95.14
Low:                        94.67

Trend:                     Bullish

Resistance 1:         94.83 May 29 close
Resistance 2:         95.03 current 2018 high
Resistance 3:         96.00 figure

Support 1:              94.44 June 1, swing high
Support 2:              94.00 figure
Support 3:              93.73, 200-period SMA