The Dollar Index is trading at $104.601, up 0.01%. Key technical levels include a pivot point at $104.595. Immediate resistance is at $104.763, followed by $104.920 and $105.071. Immediate support is at $104.402, with further support at $104.258 and $104.072.
The 50-day EMA stands at $104.632, while the 200-day EMA is at $105.057. The index is bearish below the pivot point of $104.595. A break above this level could boost a bullish trend.
Arslan, a webinar speaker and derivatives analyst, has an MBA in Finance and MPhil in Behavioral Finance. He guides financial analysis, trading, and cryptocurrency forecasting. Expert in trading psychology and sentiment.