• Major support – 98.86 (61.8% retracement of 95.89 and 103.82).
   
• Major resistance – 101.34 (50% retracement of 102.25 and 98.86).
   
• DXY has shown a mild jump till 100.61 and started to decline from that level. The index is facing strong resistance at 55- day EMA . It is currently trading around 100.28.
   
• On the lower side, the minor support is around 100 and any break below 100 will drag the index down till 99.25/98.85 in the short term. 
   
• The near term resistance is around 100.70 (55- day EMA)  and any break above will take the index till 101.34/101.97/102.25.
  
  It is good to sell on rallies around 100.60 with SL around 101.10 for the TP of 100/99.25.