FXstreet.com (Barcelona) - The greenback, gauged by the US Dollar Index, is bouncing off lows and recovering the 79.85 region on Friday, although trading in the negative territory.
Increasing risk appetite fuelled by better-than-expected IFO results in Germany plus positives figures out of the LTRO repayment have plotted against any attempt of the US dollar to gather some traction.
As of writing, the index is down 0.22% at 79.83 and according to tradingcentral.com, the next support levels align at 79.70, 79.55 and 79.35; resistance levels, instead, lie at 80.05, 80.20 and 80.40
Increasing risk appetite fuelled by better-than-expected IFO results in Germany plus positives figures out of the LTRO repayment have plotted against any attempt of the US dollar to gather some traction.
As of writing, the index is down 0.22% at 79.83 and according to tradingcentral.com, the next support levels align at 79.70, 79.55 and 79.35; resistance levels, instead, lie at 80.05, 80.20 and 80.40
