DXY finds support around 82.35
After dipping to intraday lows near 82.30, Bernankeâ€™s words gave the USD some oxygen, lifting the index to session peaks in the boundaries of 82.90. in the view of BBH Global Currency Strategy Team, â€œAs we do not see Bernanke breaking new ground in his prepared remarks, we would not be surprised to see the greenback recoverâ€.
DXY levels to consider
At the moment the index is up 0.46% at 82.83 with the next resistance at 82.85 followed by 83.20 and then 83.45. On the flip side, a dip beyond 82.20 would bring 82.00 and finally 81.60.
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