{"id":107744,"date":"2021-01-12T14:50:08","date_gmt":"2021-01-12T14:50:08","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107744"},"modified":"2021-01-12T14:50:08","modified_gmt":"2021-01-12T14:50:08","slug":"us-dollar-index-downside-pressure-could-ease-over-91-00","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/us-dollar-index-downside-pressure-could-ease-over-91-00\/","title":{"rendered":"US Dollar Index: Downside pressure could ease over 91.00"},"content":{"rendered":"<ul>\n<li><strong>DXY\u2019s rally hit shaky ground at 90.70 on Monday.<\/strong><\/li>\n<li><strong>Next upside target is seen at the 91.00 area.<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">After hitting multi year lows of 89.20 last week, the dollar managed to pick up and regain some traction higher taking the index to 90.70 on Monday.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the move higher, the outlook for the US Dollar remains fragile. Further losses could still challenge the 89.00 support prior to the March 2018 low at 88.94.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the move higher gains momentum DXY could move to 91.00, the weekly high.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">DXY trades below the 200-day SMA, today at 94.65 so the negative outlook prevails.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DXY\u2019s rally hit shaky ground at 90.70 on Monday. Next upside target is seen at the 91.00 area. After hitting multi year lows of 89.20 last week, the dollar managed to pick up and regain some traction higher taking the index to 90.70 on Monday. Despite the move higher, the outlook for the US Dollar [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5621,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1381],"tags":[3135,1398],"class_list":{"0":"post-107744","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usd","8":"tag-dxy","9":"tag-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US Dollar Index: Downside pressure could ease over 91.00 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/us-dollar-index-downside-pressure-could-ease-over-91-00\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/us-dollar-index-downside-pressure-could-ease-over-91-00\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/us-dollar-index-downside-pressure-could-ease-over-91-00\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"US Dollar Index: Downside pressure could ease over 91.00\",\"datePublished\":\"2021-01-12T14:50:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/us-dollar-index-downside-pressure-could-ease-over-91-00\\\/\"},\"wordCount\":102,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/us-dollar-index-downside-pressure-could-ease-over-91-00\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100651-gbp-usd-non-farm-payroll.jpg\",\"keywords\":[\"DXY\",\"usd\"],\"articleSection\":[\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/us-dollar-index-downside-pressure-could-ease-over-91-00\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/us-dollar-index-downside-pressure-could-ease-over-91-00\\\/\",\"name\":\"US Dollar Index: Downside pressure could ease over 91.00 - 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