DXY

image

DXY

The Classic Dollar Index is giving important reactions in terms of adaptation to the new negative outlook under the reference indicators (34 and 100-day exponential moving averages (104.50)) before the critical ECB meeting and is one step closer to the 102 target area. Although the index negative Parity positive thought is technically supported, we will focus on whether President Lagarde's messages will support the new trend. The 104.010 level can be followed in intraday downward movements. In case of falling below this level, the supports of 103.830 and 103.690 may become important. In possible increases, the 104.530 and 104.750 will be watched as resistance levels. Support: 104.010-103.830 Resistance: 104.530-104.750