Home US Dollar Index Technical Analysis: Upside pressure expected to lift the Greenback to 2019 highs

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US Dollar Index Technical Analysis: Upside pressure expected to lift the Greenback to 2019 highs

FX Street

Updated: 30 Aug. 2019 | 10:17

DXY has recovered the area of multi-week highs beyond 98.50, surpassing the important resistance at last week’s tops near 98.40.
The next target on the upside has now shifted to 2019 tops in levels just shy of 99.00 the figure.
In the meantime, while above the immediate support line – today at 97.86 – the bullish bias is seen unchanged.

DXY daily chart

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