DXY

Today, the ECB Interest Rate Decision and President Lagarde's Speech, Friday's Non-Farm Employment and Average Hourly Earnings are important developments that global markets will follow closely. The Classic Dollar Index continues its negative course under 105 psychologically, and theoretically under the 34 and 100-day averages (104.33 - 104.65 region). If this attitude is supported by the ECB today, TDI tomorrow, and the Fed next week, we can expect a bad scenario for DXY. Otherwise, fluctuations may be observed for a while. The 103.960 level can be followed in intraday downward movements. If this level is broken, the supports at 103,730 and 103,590 may become important. In case of possible increases, the resistance levels at 104,330 and 104,650 will be monitored. Support: 103,960-104,730 Resistance: 104,330-104,650