- The DXY dollar index reverses a recent weakness and rebounds from 92.00.
- Further recovery is now focused on the 92.70 / 75 range.
sound dollar index The American company DXY is strong and is able to regain interest in the purchase after reaching a bottom in the area of 92.00 on Tuesday.
If the uptrend gains further strength, the index is expected to face a temporary barrier at Fibonacci 92.46 before multi-month highs of around 92.70 (July 2).
Looking at the broader scenario, the dollar’s outlook looks positive, while it is above the 200-day simple moving average, at 91.41 today.