DXY

image

DXY

The Classic Dollar Index continues its course below the reference zone (the ending trend current zone and the 34 and 100-day exponential moving averages) of the 104.50 - 105.00 range. If the index continues to remain below the relevant zone, we can continue to talk about EURUSD and GBPUSD optimism. There was no enthusiasm in the first two trading days regarding whether the reaction we saw last week will continue this week, we will continue to examine the course in the remaining days of the week, which is important in order to understand the short-term outlook of the parities. The 104.110 level can be followed in intraday downward movements. In case of falling below this level, the supports of 103.930 and 103.690 may become important. In possible increases, the resistance levels of 104.530 and 104.750 will be followed. Support: 104.110-103.930 Resistance: 104.530-104.750