- The DXY hit new 2021 highs around 92.60 on Wednesday.
- Additional winnings remain on the cards to exceed 92.60.
The dollar gained more traction and pushed the US dollar index (DXY) to new yearly highs around 92.60, an area that coincides with the critical 200-day moving average.
A convincing break above the latter should allow the uptrend to continue and a shift towards a more constructive stance, at least in the short / medium term.
Above this area, there is a minor obstacle in the 93.00 area before the November 2020 highs in the 94.25 / 30 band.
DXY day chart
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