DXY

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DXY

The Classic Dollar Index is giving important reactions in terms of adaptation to the new negative outlook under the reference indicators (34 and 100-day exponential moving averages (104.50)) before the critical ECB meeting and is one step closer to the 102 target area. Although the index negative Parity positive thought is technically supported, we will focus on whether President Lagarde's messages will support the new trend. The 103.510 level can be followed in intraday downward movements. In case of falling below this level, the supports of 103.330 and 103.190 may become important. In possible increases, the 103.930 and 104.150 will be followed as resistance levels. Support: 103.510-103.330 Resistance: 103.930-104.150