Dollar index touches levels not seen since late December 2017
The greenback may be lower against most of the major bloc, but key moves against the euro and sterling is helping to push up the dollar index on the day. The previous high this year was posted yesterday at 93.457.
EUR/USD in particular is on the verge of a further breakdown with the pair now moving closer to a breach of the 1.1800 level. There are reported barriers sitting at the figure level, so be mindful of that for the time being.
Technically, there isn't much in the way of a further move to the upside in the dollar. The next key level to look out for will be the 94.00 level and the 38.2 retracement level @ 94.30.
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