US Dollar Index Finds Support

7 ก.พ. 2022

The US dollar has fallen further, but has found support at the last level of the 95 handle at 95.26. We do appear to be finding good support here, with a pivot back to 95.58. The rally looks pretty weak and we are encountering resistance confirmed by a red triangle on the KRI. If we see a further selloff, then 94.97 is the next target. If the DXY can break through current levels, then 95.82 is the next target.