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- Major Support – 91.10 (233- W MA).
- US Dollar index has broken minor support of 91.62 and declined till 91 yesterday. The index has shown a minor recovery till 91.30 at the time of writing. It is currently trading around 91.27.
- Short term trend is still weak as long as resistance 92.40 (233- H MA) holds.
- Any violation above 92.40 will take the pair to next level 93/93.60/94.15/95 in the short run.
- The index major support is at 91 low made yesterday and break below targets 90.
It is good to buy on dips around 91.25 with SL around 91 for the TP of 92.29.
