• Major support – 99.23 (38.2% retracement of 103.82 and 91.92).
   
• Major intraday resistance – 100.50 (Trend line joining 103.82 and 102.95).
   
• U.S. Dollar index recovered sharply and broken major resistance at 100.50. It is currently trading around 100.59.   
              
• On the higher side, any break above 100.50 (trend line joining 103.82 and 102.95)/100.80 (30- day EMA)/101.46 (50- day MA).
   
• The major support is around 99.23 (38.2% fibo) and any break below targets 98.85/98.30.The minor support stands at 100.05.
   
• Short term bullish invalidation only below 98.
  
  It is good to buy on dips around 100 with SL around 99.25 for the TP of 101.46