FXstreet.com (Barcelona) - The Dollar has hold above 91.00 support during Asian and European sessions, and is gathering momentum to reach 91.35 approaching channel top at 91.40/45 area, ahead of 91.65 week high.
In case of breaking above 9140/45, next resistance levels lie at 91.65 (Sept 15/17 high), and above here, 91.80/95 (8 Jul 3 Sept lows). On the downside, support levels are 91.00, and below there 90.75 and 90.50 (Sept 17 low).
Ian Coleman, collaborator at FXstreet.com defends a re-test of 91.65 resistance if the Dollar manages to remain above the bullish trendline from 90.12 low (at approx 91.00/10): This main trend line at 91.31 is stopping the bull's party but we are making higher lows. If you look, we have a possible triangle formation here (bullish) with the top at 91.64 and the ascending trend line at 90.95. As long as we stay above the ascending line I am bullish and would look for a break of 91.62.