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Major resistance - 93 (55- W EMA)
- US dollar index is continuing its bullish trend for third consective week and broken major resistance 93 (55- W EMA), first time since May 2017. It hits high of 93.08 and is curretly trading aorund 93.08.
- Any convincing break above 93 confirms minor bullishness , a jump till 94/94.75 is possible.
- On the lower side, neare term support is around 91.70 (Weekly kijun-Sen and 20- W MA) and breka below will drga the index down till 91/90.60/90.
It is good to buy on dips around 92.75-80 with SL around 91.70 for the TP of 94/94.75.
