- DXY trades on the back foot close to lows 93.60.
- The 55-day SMA offers support 93.40.
DXY broke through 94.00 support and could see more downside in the near term.
A minor support can be seen at 93.46 the 55-day SMA. A further selloff could see support at 92.70 come into view.
As long as the DXY remains below the 200-day SMA, 97.03, the outlook for the DXY is negative.
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