US Dollar Index Price Analysis: Interim resistance emerges at 93.30/50
- DXY bounces off fresh lows in the 92.50/45 band on Thursday.
- Next on the upside aligns the 93.30/50 band.

DXY regains some composure after bottoming out in the 92.50/45 band (Wednesday), or fresh multi-week lows.
If the ongoing bullish attempt gathers further steam, then the next interim hurdle emerges at the 55-day SMA near 93.30 ahead of the 6-month resistance line around 93.50. Further up is located last week’s highs near 93.80.
While below the 200-day SMA, today at 96.75, the negative view on the dollar is expected to persist.
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.


















