• Major support – 99.25
   
• Major resistance – 101.09 (daily Kijun-Sen).
  
   
• U.S. Dollar index broken major resistance at 101.09 and declined sharply from that level. It is currently trading around 100.84.    
     
• On the higher side, any close above 101.09 (daily Kijun-Sen) will take the index till 101.73/102.06 (61.8% retracement of 103.82 and 99.23).
   
• The major support is around 100.58 (21- day EMA) and any break below targets 100/99.25 (23.6% fibo)/98.85/98.30.
   
• Short term bullish invalidation only below 98.    
  
  It is good to buy on dips around 100.60 with SL around 100 for the TP of 101.02/101.75.