DXY H4 | Market Outlook

- The U.S. Dollar Index continues its attempts to settle above the nearest resistance level at 92.80. If the U.S. Dollar Index manages to gain momentum above this level, it will get to the test of the next resistance at 93.00
- Today, the U.S. reported that Initial Jobless Claims declined to 787,000 while Continuing Jobless Claims decreased to 8.37 million. Both reports were better than analyst expectations.
- We could see a rally to 93.40