US Dollar Index Holds Bullish Bias Above 101.00
The US Dollar Index (DXY) remains tilted to the upside as long as it stays above 101.00, despite a moderate pullback on Wednesday that retraced most of its Asian-session losses.
DXY
The US Dollar Index (DXY) is holding a constructive stance above the key 101.00 level. On Wednesday, the index posted a modest decline but has since recovered the bulk of the drop seen during Asian trading hours.
Technically, the bullish bias remains intact as long as DXY stays above the 101.00 support. A break below this level could shift the outlook, while a sustained hold keeps the path of least resistance to the upside.
Source: FXStreet Forex News