Major trend line resistance- 99.30
Bearish divergence (daily chart)
US dollar index is trading higher for 2nd consecutive week and hits 2-1/4 year high on EURUSD weakness. It hits an intraday high of 99.35 and is currently trading around 99.30. The overall trend is still bullish as long as support 97.80 holds.
The index is almost in overbought zone and minor dip till 98.30-35 is possible.
The near term support is around 98.60 and any break below will drag the index down till 98.20/98/97.70. Any daily close below 97 confirms bearish continuation.
It is good to sell on rallies around 99.25-28 with SL around 99.40 for the TP of 98.70/98.3


Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro- Woodies pivot (Major)
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro- Major Pair levels and bias summary 



