Home US Dollar Index Technical Analysis: Immediate target on the upside remain at 2019 highs around 97.70

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US Dollar Index Technical Analysis: Immediate target on the upside remain at 2019 highs around 97.70

FX Street

Published date: 8 Apr. 2019 | 10:22

DXY is attempting some consolidation following recent peaks in the mid-97.00s.
The ongoing correction is seen as temporary only while the greenback keeps targeting YTD highs in the 97.70/75 band ahead of 97.87, June 2017 peaks.
In the meantime, the outlook on the index remains positive above the key 200-day SMA, today at 95.98.

DXY daily chart

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