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Rotuma
Jan 31, 2021 7:40 PM

DXY pulled back from 90.80 highs; support at 90.50 

U.S. Dollar Currency IndexTVC

Description

The Index has pulled back from its previous highs around 90.50 in last week's session and is likely to retest support levels at 90.50 and 90.30 in this week's session.
The short to the medium-term trend is pointing upwards per the chart below. However, it will need to break and hold above 90.80 to proceed to the next level at around 91 and 91.20. Critical support levels at approximately 90.30, 90.10, 90, 89.90
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