DXY

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DXY

The Classic Dollar Index continues its negative course below psychologically 105 and theoretically 34 and 100-day averages (104.33 - 104.65 area). Following the ECB Interest Rate Decision and President Lagarde's statements, the continuation of the course below current levels is important for EURUSD and GBPUSD positive pricing behavior. Today, we will follow the data results to see if the US data will support this idea. In the event of a result that will strengthen the index, whether it will be able to overcome the barriers should also be followed in order to shape short-term expectations. 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