US dollar index started to decline after a minor jump to 98 levels. The overall trend is still weak as long as major resistance 98.33 holds. The economic data released this week came mixed for the US with ADP private employment in line with expectations, Chicago PMI and advance GDP below forecast. Markets eye US NFP data for further direction.
The near term major resistance is at 97.40-45 (200- day MA), any convincing move above that level targets 97.80/98.25-33. The bullish continuation can be seen only above 99.67.
The index is struggling to break below 97 levels for the past 2 weeks and break under 97 confirms further weakness, a dip till 96/95.85 possible.
It is good to sell on rallies around 97.75-80 with SL around 98.35 for the TP of 95.85.


FxWirePro- Major Crypto levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/AUD drifts lower after BOE rate decision
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary 



