Treads water above 99.00 near nine-day EMA barrier
The US Dollar may target its initial support at 97.91, the lowest level since March 2022. Technical analysis suggests a prevailing bearish bias as the RSI remains below the 50 level. The nine-day EMA at 99.38 appears as the immediate barrier. The US Dollar Index (DXY), which measures the value of the US Dollar (USD) … Read more