FxWirePro: DXY trade idea

• Major support – 100
   
• Minor intraday resistance – 100.40
   
• DXY broken major psychological support of 100 at the time of writing. The index was trading between 100.06 and 102.26 for the past week.
  After six week of consolidation the index broken the major support  and declined till 99.97 at the time of writing.
   
• Any break below 100 confirms minor weakness, a decline till 99.25 likely.
   
• On the higher side, any break above 100.40 will take the index till 100.75/100.98 (100- day MA).
  
  It is good to sell on rallies around 100-100.05 with SL around 100.41 for the TP of 99.30   

Resistance                                                                  R1-100.40                           

R2 -100.99

R3- 101.40

Support                   

S1-99.75                  

S2-99.25

S3-98