- US Dollar index is trading in narrow range between 92.66 and 91.58 for the past three trading session. It is currently trading around 91.90.
- Short term bullishness can be seen only above 92.36- 92.60 (daily Kijun-Sen, 20- day MA and trend line resistance).
- Any violation above 92.60 will take the pair to next level 93.11/93.60/94.15/95 in the short run. The minor resistance is around 91.82/92.27.
- The index major support is at 91 low made yesterday and break below targets 90.
It is good to sell on rallies around 92-92.10 with SL around 92.66 for the TP of 91/90.