DXY 1D | Market Outlook

- The U.S. Dollar Index , which measures the strength of the U.S. dollar against a broad basket of currencies, continues its rebound and is trying to settle above the 93 level. A move above 93.50 is needed to neutralize the negative technical tone.
- It has been trending broadly sideways. A move above the 94 area would target 94.75-95.50.