DXY rallied to seven-month highs - BBH

Analysts at Brown Brothers Harriman noted that the Dollar Index rallied to seven-month highs ahead of the weekend. 

Key Quotes:

"It is about one percent from the year's high set in late-January, a little below 100.00.  

A week ago, the Dollar Index was bumping against its upper Bollinger Band.  This helped us anticipate the sideways movement at the start of the new week. 

Now that upper band is found near 99.10.  Initial support now is seen near 98.20.   

We note that the 50-day moving average crossed above the 200-day moving average, which technicians refer to as the "Golden Cross."  Other technical indicators suggest additional upside potential."