DXY

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DXY

Before the critical US data, the Classic Dollar Index is questioning the uptrend. As of now, it is within the 34 and 100-day exponential moving averages (104.57 - 104.96 region) that we base on and has reached the bottom of the uptrend. Today, we will seek an answer to the question of whether the EURUSD and GBPUSD rise or the Dollar Index uptrend will be confirmed with the US data. In this respect, both the change after the data and the level at which it closed the week should be followed carefully in terms of the index & parity course. The 104.910 level can be followed in intraday downward movements. If this level is dropped below, the supports of 104.730 and 104.590 may become important. In possible increases, the 105.130 and 105.350 will be monitored as resistance levels. Support: 104.910-104.730 Resistance: 105.130-105.350