- US Dollar index has once again bottom near 96.80 and slightly recovered from that level. It is currently trading around 97.21.
- Short term trend is still weak as long as index not able to break above 98.08 (23.6% fibo). 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 98.10 (23.6% retracement of 102.25 and 96.80) and any close above will take the index till 98.60 (support turned into resistance)/ 99.41 (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 97.70-97.80 with SL around 98.10 for the TP of 96.85/95.90.


EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/CAD pauses decline,critical support lies ahead
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 



