- DXY trades sideways around 93.50/60.
- The 6-month resistance can be seen at 94.00.
DXY trades unchanged in choppy trade with support seem at 93.30 (55 DMA)
A breakthrough this support could see 92.70 pulled into view any move higher could struggle around 94.00, where the Fibo level and the 6-month resistance line converge.
DXY trades below its 200-day SMA, today at 96.95so a bearish outlook prevails