A strong disagreement will appear at 92.00

  • 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.

Daily DXY Dollar Index chart


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