Lacks steady upward momentum – Societe Generale
The Dollar Index (DXY) failed to cross above January high of 110.15 in recent attempt and has gradually pulled back below the 50-DMA, Societe Generale’s FX analysts report. Next potential objective can be located at 106.30 “It is now challenging the upper limit of previous multiyear range. Recent pivot low of 106.90/106.65 is first layer … Read more