FxWirePro: US Dollar Index upside capped by 61.8% fibo, good to buy on dips C

• Major support – 99.25
   
• Major intraday support –100.60
   
• U.S. Dollar index has declined slightly after jumping till 101.79 yesterday .It is currently trading around 101.62.    
   
• On the higher side, next immediate resistance is around  101.79 (61.8% retracement of 102.258 and 101.01) and any break above will take the index till 102.26 (Mar 2nd 2017 high) 102.95 (Jan 1st 2017 high). The minor resistance is around 101.50/102.06.
   
• The major intraday support is around 101.05 (55- day EMA) and any break below targets  100.60/100/99.25 (23.6% fibo).

It is good to buy on dips around 101.50 with SL around 101 for the TP of 102.20/102.95