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StoneX Analyst: The US Dollar Index May Slightly Rise in the Short Term
Mars Finance News: According to Jintiao, StoneX analyst Matt Simpson said in a research report that, based on technical analysis, the U.S. dollar index may see a slight rise in the short term. Currently, the U.S. dollar index remains near the 98.249 level. On Thursday, the 200-day simple moving average formed a “slightly bullish” pattern, and the two-day Relative Strength Index is in an extremely oversold state. However, there are multiple resistance levels, including the 200-day exponential moving average at 98.44 that the bulls need to test.