- Major support – 100.60
- The U.S dollar index breaks major support at 50% fibo level and declined till 100.76 at the time of writing. It is currently trading around 100.86.
- On the lower side any break below 100.60 will take the index down till 100/99.45.
- The minor resistance is around 102.60 and any break above will take the index till 103/103.60. The index should close above 103.85 for further bullishness.
- Short term bullish invalidation only below 98.
It is good to sell below 100.60 with SL around 101.15 for the TP of 99.45