The Dollar Index modestly increased to 104.137, up by 0.02%. It now tests the pivot point at 103.92, suggesting potential for upward movement. Resistance levels are set at 104.42, 104.70, and 105.09, indicating possible ceilings for price advancement.
Support is identified at 103.54, 103.23, and 102.77, providing floors where buying might intensify. The 50-day and 200-day EMAs, at 103.87 and 103.81 respectively, hover near the pivot, reinforcing its significance.
