- US Dollar index has shown a minor jump till 92.93 after forming bottom at 92.10 on Friday. It is currently trading around 92.25.
- 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 92.30-35 with SL around 92.70 for the TP of 91.65.