Home US Dollar Index Technical Analysis: The 200-day SMA at 96.05 underpins the constructive bias

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US Dollar Index Technical Analysis: The 200-day SMA at 96.05 underpins the constructive bias

FX Street

Published date: 15 Apr. 2019 | 10:12

The greenback stays under pressure and remains vulnerable to further downside in the near term.
Immediate target to the downside emerges at the 96.66/59 band, where emerge the 55-day and 100-day SMAs.
In spite of the ongoing corrective decline, the positive stance on DXY remains underpinned by the critical 200-day SMA, today at 96.05.

DXY daily chart

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