Major Support- 97.19 (50-W MA)
US dollar index has taken support near 50- W MA and shown a minor recovery. Short term trend is still weak as long as resistance 98.40 holds. DXY was trading lower after hitting a high of 99.67 on weak US economic data which has increased hopes of a rate cut in Fed meeting tomorrow. According to the CME Fed watch tool, the chance of 25 bps cut is at 94.1%.
Technically, index faces strong support at 97-97.20 and any close below targets 96/95.14. Markets eye US CB consumer confidence for further direction.
On the higher side, near term resistance is around 98 and the break above will take the index to next level till 98.40/99. Major trend continuation only above 99.65.
It is good to sell on rallies around 98.15-20 with SL around 98.60 for the TP of 97/96.


FxWirePro- Major Crypto levels and bias summary
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD range to extend until there is game changing news
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 



