DXY

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DXY

The Classic Dollar Index, despite the rise it started on Friday continuing on Monday, has not been able to remain above 105.05, and the 103.90 - 105.05 band that has been monitored for a while continues to occupy our agenda. The possibility of creating a reaction outside the band with the Fed is quite strong. For this reason, the level the index is at on Thursday morning after the Fed can be a reference for the answer to the question of whether 107 or 101.50 is on our agenda. The 104.960 level can be monitored in intraday downward movements. In case of falling below this level, the supports of 104.730 and 104.590 may become important. In possible increases, the resistance levels of 105.330 and 105.650 will be monitored. Support: 104.960-104.730 Resistance: 105.330-105.650