- DXY reclaimed the 100.00 mark amidst a renewed bid bias.
- Immediately up emerges 100.49 ahead of the 101.00 area.
DXY has managed to surpass the psychological 100.00 mark and above on the back of the better sentiment in the safe haven complex.
While above the 200-day SMA, today at 98.21, the constructive outlook is expected to remain unchanged, allowing for further gains.
That said, there is an interim top at the Fibo retracement (of the 2017-2018 drop) at 100.49 ahead of the monthly high at 100.93 (April 6).
Share
