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- 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 92.41.
- 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 buy on dips around 92.35 with SL around 91.90 for the TP of 93.35/94.15.
