US Dollar Index Technical Analysis: Positive surprise at Payrolls could push DXY above 99.00
|- The greenback has faded the up tick to fresh 2019 highs in the doorsteps of 99.00 the figure on Thursday.
- Further upside remains on the cards despite the ongoing knee-jerk and positive results at today’s NFP event carries the potential to push DXY above the 99.00 handle and to fresh yearly highs.
- On the way up, the next relevant hurdle comes in at May 2017 high at 99.89 ahead of the psychological 100.00 handle. While above the critical 200-day SMA, today at 96.91, the positive bias is expected to persist.
DXY daily chart
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