DXY In a Critical Moment

TVC:DXY   U.S. Dollar Index
During the last 24 hours, DXY has been stuck between 104.23 and 103.75 and decreased by -0.45%
103.75 is an area where DXY found buyers again and is rising so far.

Today's focus remains on the US Core Personal Consumption Expenditures - Price Index on a yearly and monthly basis.
It should be a strong market catalyst for the US dollar moves today.

A move of #DXY above #104.23 will give some breath to the US dollar today. Otherwise, if the opposite happens and the price moves below 103.75 another bigger door should open for the US dollar and a bigger bearish wave may happen during the coming days.

You may find more details in the chart!
Thank you and Good Luck!

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