Dollar Index has support at 94.00 and resistance at 95.20. Trading at 94.50
If closes below 94.00 will take to 93.20---92.80 mark else it could test its resistance level of 94.60 and then to 94.90---95.20 again.
Further upside rally will see only weekly close above 95.20 marks.
The dollar($) came under strong pressure against the yen after the minutes from the Fed's March policy meeting on Wednesday indicated that the Federal Reserve is unlikely to raise interest rates before June due to concerns over global economic growth.
Trade with levels only.
More will update soon!!
