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Daily technical outlook for DXY: Societe Generale

Quotes from Societe Generale Cross Asset Research: -The Dollar Index is re-integrating within a multi-month upward channel support and appears to be evolving within a pattern similar to a triangle. -The index is likely t…

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Quotes from Societe Generale Cross Asset Research:

-The Dollar Index is re-integrating within a multi-month upward channel support and appears to be evolving within a pattern similar to a triangle.

-The index is likely to drift lower towards the lower limit of the formation at 93.40. A break below will mean a test of 34 day MA at 92.70.

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