- DXY extends the gains to the 93.00 region on Friday.
- Next on the upside comes in the YTD highs in the mid-93.00s.
DXY resumes the upside and adds to Thursday’s gains, managing to regain the 93.00 region oat the end of the week.
In light of the recent price action, further gains remain well on the cards with the immediate target now emerging at the 2021 peaks in the 93.50 zone (March 31).
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 91.35.
DXY daily chart
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