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The US Dollar Index (DXY) is easing on Monday ahead of the US Retail Sales numbers. The main driver for the retracement comes after Iran issued a statement this Monday saying that it does not want to seek any escalation in the Middle East. Markets are sending European and US equities higher, while safe-haven currencies are easing a touch, with the DXY Index retreating below 106.00.
On the upside, the first level for the DXY is the November 10 high at 106.01, just above the 106.00 figure. Further up and above the 107.00 round level, the DXY Index could meet resistance at 107.35, the October 3 high.
On the downside, the first important level is 105.88, a pivotal level since March 2023. Further down, 105.12 and 104.60 should also act as a support, ahead of the region with both the 55-day and the 200-day Simple Moving Averages (SMAs) at 103.97 and 103.84, respectively.
風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。
