US Dollar Index Price Analysis: Extra losses seen below 93.20
- DXY corrects lower from Friday’s 2021 peaks.
- Initial support comes in at the 93.20 region.

DXY accelerates losses and meets initial contention around former tops near 93.20.
A breach of this area could expose further weakness in the very near term, with the next relevant support expected to emerge in the mid-92.00s.
In the meantime, and looking at the broader scenario, the positive stance on the dollar is expected to remain unchanged as long as the index trades above the 200-day SMA, today at 91.31.
DXY daily chart
Author

Pablo Piovano
FXStreet
Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.


















