DXY

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DXY

The Classic Dollar Index continues its course below the indicators we base it on (103.85 - 104.50 region) before the critical US data. However, for clearer declines in the index, persistence below 103.25 is especially important. It should not be forgotten that permanent movements above the 105 level are needed for the current scenario to be considered invalid. The 102.910 level can be followed in intraday downward movements. In case of falling below this level, the supports of 102.730 and 102.590 may become important. In possible increases, 103.530 and 103.750 will be followed as resistance levels. Support: 102.910-102.730 Resistance: 103.530-103.750