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30 Aug 2019
US Dollar Index Technical Analysis: Upside pressure expected to lift the Greenback to 2019 highs
- DXY has recovered the area of multi-week highs beyond 98.50, surpassing the important resistance at last week’s tops near 98.40.
- The next target on the upside has now shifted to 2019 tops in levels just shy of 99.00 the figure.
- In the meantime, while above the immediate support line – today at 97.86 – the bullish bias is seen unchanged.
DXY daily chart