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- Major resistance - 100.50 (Nov 30th high)
- US Dollar index has made temporary top around 100.51 and declined from that level. Overall trend is slightly bullish as long as support 94.80 holds.
- On the lower side minor support is around 97.20 and break below targets 96.50/96/95.60 level.
- Any break below 94.80 confirms minor weakness a decline till 93.80/92.60 is possible.
- The index is facing immediate resistance around 99.35 and break above targets 100/100.50. Further bullishness only above 100.50 and above 100.50 will take the index to new level 102.56/103.19/104.99 level.
It is good to buy at dips around 96.20-25 with SL around 94.75 for the TP of 100.50/102.55/104.90
