US Dollar Index Price Analysis: Solid support turns up at 104.60

• DXY posts gains for the first time in the week.
• The 104.60 region offers solid contention so far.

DXY regains buying interest and reclaims the area above the 105.00 mark at the end of the week.

The index remains well supported by recent lows in the 104.60 region, an area also reinforced by the 6-month line. Above this zone, the dollar is expected to keep the constructive view in the near term at least.

Looking at the broader scenario, the bullish view in the dollar remains in place while above the 200-day SMA at 100.04.

DXY daily chart