US Dollar Testing Key Levels

The US dollar index has edged higher, but is facing resistance again from 96.44, the second level in the 96 handle. Red triangles on the KRI have confirmed resistance here at every attempt to break it. A cluster of levels above this in the high 96 handle should dampen any attempt to breakout higher, though there is a vacuum zone after them to 97.03. If we retrace the range we've been forming expect support at 96.24, but below that there is a vacuum zone to 95.82 so be careful.