• Major resistance - 101.60
   
•  The U.S dollar index has made a temporary top around 101.48 and declined sharply from that level. It is currently trading around 100.89.
   
• The index is facing trend line resistance around 101 and any break above targets 101.48/102.02 (161.8% retracement of 101.48 and 100.65).
   
• On the lower side, any break below 100.65 will drag the index down till 100/99.57.
   
• Short term bullish invalidation only below 98.
  
  It is good to sell below 100.65 with SL around 101 for the TP of  100/99.57