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- U.S dollar index has broken major support at 95.47 low made on Jun 30th 2017. It is currently trading around 95.28.
- In the daily chart, index upside capped by daily Kijun-Sen at 96.67 and any break above will take the DXY till 97/97.25.
- On the lower side, any close below 95.47 will drag the index till 95/94.60 in the short term.
- Short term bearish invalidation only above 97.87.
It is good to sell on rallies around 95.35-95.40 with SL around 96 for the TP of 94.10.
