DXY

DXY managed to stay extremely strong this week. Our basic view is that DXY increases are a selling opportunity. Since this week is the holiday week, our investors should not be complacent, we will be waiting for extremely important data. The US will have Wednesday inflation data, TUFE FOMC minutes, and the UFE EURO will have Thursday interest rate decision. Technically, in the short term, the 200-day moving average of 104,080-103,850 range stands out as a support area. If this range is dropped below, the 50-day moving average may continue to retreat to 103,570. In increases, the 100-day moving average of 104,450-104,880 levels can be followed as resistance points. Support: 104,080-103,850 Resistance: 104,450-104,880