US Dollar Index Price Analysis: Next on the upside comes in 93.50
|- DXY pushes higher and clinches tops near 92.70.
- The 2021 highs near 93.50 comes up next.
The rally in the dollar stays anything but abated for yet another session and pushes DXY to new 3-month peaks around 92.70, as market participants wait for the release of US Nonfarm Payrolls.
If the buying impulse gathers extra steam, then there is a minor hurdle at the 93.00 yardstick ahead of the more relevant 2021 highs near 93.50 (March 31).
In the meantime, and looking at the broader scenario, the outlook for the dollar is seen constructive while above the 200-day SMA (91.43).
DXY daily chart
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