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- US Dollar index has recovered sharply till 93.20 at the time of writing after hitting low of 91.62. It is currently trading around 93.07.
- Short term trend is still weak as long as resistance 93.60 (23.6% retracement of 99.89 and 91.62) holds.
- Any violation above 93.60 will take the pair to next level 94.15/95 in the short run.
- The index major support is at 91.62 low made Aug 28th 2017 and break below targets 90.
It is good to sell on rallies around 93.20-25 with SL around 93.60 for the TP of 92.55/91.70.
