- DXY adds to Thursday’s gains and approaches 91.00.
- The next resistance comes in at the 100-day SMA.
DXY gathers further upside traction and already approaches the key resistance at the 91.00 yardstick.
If the upside impulse gathers extra steam, then the next target will be at the minor hurdle at the 91.00 mark ahead of the 100-day SMA, today at 91.03.
Below the 200-day SMA (91.98) the outlook for DXY is expected to remain on the negative side.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.
