USD Index Ticket Diagnosis: Extra up aligns the 200-day SMA

• DXY advances to original month-to-month peaks previous the 104.00 yardstick.
• The continuation of the upside may maybe possibly presumably revisit the 200-day SMA.

DXY clinches new tops in stages ultimate seen in mid-March previous the 104.00 hurdle on Thursday.                                                                                             

Extra upside seems on the cards within the advance interval of time. That stated, the next resistance degree of cloak is anticipated at the principle 200-day SMA, this present day at 105.71, earlier than the 2023 height of 105.88 (March 8).

Looking out at the broader listing, while below the 200-day SMA the outlook for the index is anticipated to stay destructive.

DXY everyday chart

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