💵🔺 Dollar Extends Above Key Resistance Level: Cable FX Macro
- Rosbel Durán
- Sep 27, 2023
- 1 min read
Our own measure of the dollar vs G10 peers, the Cable FX Macro Dollar Index, is extending gains to mark fresh YTD highs.
The dollar gauge recently crossed above 312.90, a key resistance level that set the previous 2023 high and the peak during the March 2020 pandemic crisis
Looking ahead, the chart highlights the 2022 dollar highs at 321.65. Seasonals support further volatility strength into October, however, we would have to see realized vol rise to hold high prospects on this
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