VOT Research Desk
After posting three consecutive days of gains on Wednesday, sellers are now putting the recent upside momentum in DXY to the test and pushing it back into the negative zone.
The index is able to gain some separation from the 200-day SMA, which is currently at 105.47 and is always important.
Losses are anticipated to accelerate to, at first, the August low at 104.63 if a drop below this area causes the outlook to change to negative.
