DXY

The Classic Dollar Index continues its course below the reference zone (the ending trend current zone and 34 and 100-day exponential moving averages) of 104.50 - 105.00 before the critical PCE data. Supporting this idea with the data is a driving force for positive expectations in EURUSD and GBPUSD, and the index reaching the reference zone may also cause the pairs to question the trend. 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