Dollar bulls defend key near-term level from breaking - ConsultFX

Dollar bulls defend key near-term level from breaking

Dollar index hangs on at the 200-hour moving average And that is a vital defense so far, as a break below the 200-hour MA (blue line) would see near-term sentiment turn bearish for the dollar index. As buyers come in to defend the level, we're seeing EUR/USD and GBP/USD retrace some gains on the day falling