DXY

Despite the Manufacturing PMI data in Europe that resulted below expectations, optimistic developments regarding the Service sector drew attention, while the PMI data regarding the Manufacturing sector in the US, in addition to its below-expected course, fell below the 50 threshold region and followed a negative course. Although the service sector remained in the growth region above the 50 threshold level, it caused a negative pricing in the Classic Dollar Index with the result below expectations. Although this reaction did not change the possible expectation towards the 107 level tested in October 2023 on the 34 and 100-day averages (103.96 - 104.63 region) in the Dollar index, it brought the scenario of continuing the reaction below 105.55 to the agenda in the short term. Intraday 105.350 and 105.050 support and 105.890 and 106.010 resistance points stand out before us. Support: 105,350-105,050 Resistance: 105,890-106,010