Technical Analysis – US dollar index lacks direction above the 200-MA
US dollar index’s latest dip appears to be pausing ahead of the 200-period simple moving average (SMA), reflecting an unclear direction after the push up from the 98.38 trough. The flat demeanour of the 200-period SMA and the conflicting signals between the 50- and 100-period SMAs, further back the uncertain course. More so, price actions’ […]