Dollar index bounces as key support level holds - ConsultFX

Dollar index bounces as key support level holds

Dollar index is up 0.1% and back above 94.00 after a bounce in overnight trading here However, buyers will still have some work to do as near-term bias still favours sellers for the time being. The 100-hour MA (red line) needs to be broken in order to neutralise the bias with the 200-hour MA (blue line) next