usd-100-bank-notes - USD
  • DXY sells off to multi-day lows.
  • 93.00 moves into focus.

DXY failed to break through the tough 6-month resistance line at 93.80/90, sparking a correction to 93.20 a 4-day low.

A deeper selloff could see the US Dollar Index head towards  93.00.Beyond there, the mid-September low of 92.70 comes into play.

The 200-day SMA, is at 96.82, so the bearish outlook is expected to continue.