DXY

DXY

DXY On the last business day of March, the US Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred inflation indicator, will be announced today while the markets are closed. Since the data will be released while the markets are closed, we think that the short-term volatility will be high since the volume will be low. Technically, in the short term, the 200-day moving average of 104,380 - 103,950 stands out as the support area. If this range is dropped below, the pullback to the 50-day moving average of 103,370 may continue. In the increases, the 100-day moving average of 104,850 and 105,080 levels can be followed as resistance points. Support: 104,380-103,950 Resistance: 104,850-105,080