USD Index Price Analysis: Positive outlook remains above the 200-day SMA – by pabspiovano DollarIndex Currencies Majors Technical Analysis
The underlying bullish view is underpinned by the 200-day SMA.to the test and force it to return to the negative territory after three daily gains in a row on Wednesday.
In the meantime, the index manages to put some distance from the always relevant 200-day SMA, today at 105.47.to negative and at thus allow for losses to accelerate to, initially, the August low at 104.63 .Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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