Conversely, support is found at $103.60, followed by $103.43 and $103.16, offering cushioning against further drops. The 50 EMA stands at $103.97, slightly above the current price, while the 200 EMA matches the pivot, at $103.82, suggesting a balanced view between short-term and long-term trends.
The Dollar Index displays a bullish inclination above the $103.82 mark, indicating potential for growth if it sustains above this crucial threshold.
