• Major support – 98.86 (61.8% retracement of 95.89 and 103.82).
   
• Major resistance – 100.40.
   
• DXY  has taken support near 61.8% fibo and jumped sharply  above 100 level. The index recovered till 100.19 at the time of writing and it is currently trading around 100.06.
   
• On the lower side, any break below 98.86 will drag the index down till 98.59/98 in the short term.The minor support is around 99.77/99.25.
   
• The near term resistance is around 100.40 (21 –day EMA) and any break above will take the index till 100. 70 (55- day EMA)/100.97.
  
  It is good to buy on dips around 100 with SL around 99.70 for the TP of 100.75/101