DXY

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DXY

The rise that the Classic Dollar Index started on Friday and the related rise both entering into a positive trend that has ended and exceeding the 34 and 100-day averages (104.33 - 104.65 region) are noteworthy, but we will follow the 105.05 level to see if the relevant thought is sufficient for a new positive expectation. Permanent movements above 105.05 are confirmation of the positive outlook, and if it is pressured and forms permanent movements below 104.30, the expectation of adaptation to the new negative outlook may be at the forefront. The 104.960 level can be followed in intraday downward movements. If this level is broken, the supports at 104,730 and 104,590 may become important. In case of possible increases, the resistance levels at 105,330 and 105,650 will be monitored. Support: 104,960-104,730 Resistance: 105,330-105,650