DXY

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DXY

DXY Closed Positive Weekly After 3 Weeks Last Week. Instead of heading towards the expected 102.00 level, it seems intent on retesting the February high of 105.00. Despite the focus on central bank expectations, broader dollar gains are slightly ahead of interest rate changes. Technically, in the short term, the 200-day moving average of 103.980 - 103.650 stands out as a support area. If this range is broken, the pullback to the 50-day moving average of 103.370 may continue. On the rise, the 100-day moving average of 104.650 and 105.080 levels can be followed as resistance points. Support: 103.980-103.650 Resistance: 104.650-105.080