Home US Dollar Index Technical Analysis: Rising bets for a visit to 2019 highs below 99.00

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US Dollar Index Technical Analysis: Rising bets for a visit to 2019 highs below 99.00

FX Street

Published date: 20 Aug. 2019 | 11:32

DXY is looking to extend the rally and is now flirting with previous yearly highs in the 98.40 region.
Another visit to the 2019 highs just below the 99.00 barrier remains well on the cards as long as the short-term support line, today at 97.52, underpins.
On the broader perspective, above the critical 200-day SMA just below 97.00 the figure, the outlook on DXY is seen positive.

DXY daily chart

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