DXY

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DXY

With the ending uptrend we base on, the 104.50 - 105.00 range representing the 34 and 100-day averages maintains its importance, but the index has now started to see pressure from the 104.50 level. In this respect, the index may want to find an answer to the question of whether it will be able to adapt to the new negative outlook under the relevant reference zone as a whole week or whether it will confirm the negative discourse on parities by entering the positive trend it has ended. Today, the results of the CPI from Germany and the Conference Board (CB) Consumer Confidence and Job Openings and Turnover Rate (JOLTS) data from the US can be followed. The 104.410 level can be followed in intraday downward movements. In case of falling below this level, the supports of 104.230 and 103.890 may become important. In possible increases, 104,830 and 104,950 will be monitored as resistance levels. Support: 104,410-104,230 Resistance: 104,830-104,950