Rotuma

U.S. dollar Index holds at the last line of defence at 97.95

TVC:DXY   U.S. Dollar Index
The U.S. dollar index must hold above 97.95 to avoid derailing. The Index had a great run since breaking out at 97.65, which I highlighted in my analysis during the breakout period. The Index fell on Friday's trading session after spending a considerable amount of time around 98.40 and landed at 97.95. The Index closed Friday's session at 98.00 just above the current support level at 97.95.

Support: 97.95, 97.85, 97.70, and 97.65
Resistance: 98.05, 98.15, 98.20, and 98.30

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.