- US Dollar index has broken the triple bottom at 96.80 and declined till 96.65. It is currently trading around 96.91.
- Short term trend is still weak as long as index not able to break above 97.80 (21 day EMA). The index has shown a huge decline from the high 103.82 and downside capped by 61.8% fibo at 96.40 and bearish continuation can be seen below that level.
- The near term resistance is around 97.80 (21 – day EMA) and any close above will take the index till 98.60 (support turned into resistance)/ 99.46 (200 MA)/99.89.
- On the lower side, major near term support is around 96.40 (61.8% fibo) and any break below will drag the index till 95.91 (Nov 9th 2016 low)/95.
It is good to sell on rallies around 97.25-97.30 with SL around 97.80 for the TP of 96.40/95.90.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD pauses decline,critical support lies ahead 



