DXY consolidates the breakout of the 90.00 mark. A serious move above 90.00 could reach the 91.00 yardstick. After bottoming out in fresh lows around 89.20 last Wednesday, the dollar managed to regain (now) important buying attention and extends the move past the 90.00 level o Monday. If the bullish attempt becomes more sustainable, then there is the chance of a move to the weekly high in the 91.00 region (December 21). Above this level, the prevailing downside pressure is expected to mitigate somewhat. In the longer run, as long as DXY trades below the 200-day SMA, today at 94.69, the negative view is forecast to prevail. DXY daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: XAU/USD remains vulnerable despite goodish intraday bounce FX Street 1 year DXY consolidates the breakout of the 90.00 mark. A serious move above 90.00 could reach the 91.00 yardstick. After bottoming out in fresh lows around 89.20 last Wednesday, the dollar managed to regain (now) important buying attention and extends the move past the 90.00 level o Monday. If the bullish attempt becomes more sustainable, then there is the chance of a move to the weekly high in the 91.00 region (December 21). Above this level, the prevailing downside pressure is expected to mitigate somewhat. In the longer run, as long as DXY trades below the 200-day SMA, today at 94.69,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
