0719 GMT - The U.S. Dollar Index is starting to turn higher on the daily chart, StoneX's Matt Simpson says in commentary. This raises "the potential for a breakout in line with an apparent five-wave rally" on the chart, the senior market analyst says. An upside break above 100.50 brings the 101.00 level into initial focus, Simpson says. Also, a "241.4% Fibonacci projection from an estimated wave 2" on the chart is just above the 102.00 level, the analyst adds. The U.S. Dollar Index is 0.1% higher at 99.667, LSEG data show. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 26, 2026 03:19 ET (07:19 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.