DXY technical analysis: Fundamentals on Wednesday to stir trajectory
Indicators on the daily chart remain strong, and both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) jumped to positive terrain. Additionally, the Index recovered above the 20, 100, and 200-day Simple Moving Averages (SMA), which brightened the outlook for the short term.
Fundamental stimulus on Wednesday will dictate the pace of the next sessions, and markets should eye the 106.00 area in case the DXY faces bullish pressure. On the downside, the 104.50 area remains as a strong support
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