- DXY once again failed at the key barrier in the middle of the 100.00s.
- Exceeding this area should put 101.00 back on the radar.
DXY is now sailing a beach theme after another unsuccessful attempt to pass the 100.50 zone, where the May peaks converge and a Fibo retracement (from the 2017-2018 drop).
Further consolidation is not ruled out at the moment, although the failure to exceed the 100.40 / 50 band could trigger a further downward correction.
Further on, the 200-day SMA – today at 98.41 – should maintain the decline in the short term.