USD
The USD index took support at the 200-day EMA in yesterday's session. We recommended to go short in yesterday's article for 80.42, it made a low at 80.43. From the EMA support, today the metal opened on a bullish note, opened low strategy. Currently it is trading at 80.66 levels. It is facing strong resistance at 80.68 (June 2 high), above this, 80.71 is the resistance area. Safe traders, buy above 80.72 for immediate targets 80.83 and 81 levels.
On the down side, the 50-hour SMA is acting as strong support.
DJIA
The DJIA Index paused its rally ahead of strong data. It is trading at the top of the inner symmetric triangle, if it gives an upside breakout, we can easily see 18,500 and 18,900 levels. If the index closes above the dotted purple line this week, we can see another huge rally. On the down side, 16,600 and 16,340 are initial support levels. Once it breaks below 16,340, it will correct all the way to 16,000, 15,880, and 15,340 levels.
SPX
The S&P is facing strong resistance at 1,932 (138.2% fib level). Traders carefully watch this level for further move. Once it crosses above it, it will move to 2,150 levels. The monthly RSI is indicating extremely overbought levels.
