FXstreet.com (Barcelona) - The Dollar has attempted to bounce higher after its decline to 6-month low at 91.60 but three times it has been capped at 92.25 area, which is under pressure at the moment.

In case of breaking above here, next resistance levels lie at 92.60 (Sept 9 high) and above there, 93.30 (Sept 7 high) and 93.45 (Sept 1 high). On the downside, support levels lie at 91.90 intra-day low, and below there, 91.60 (Sept 9 low) and and 91.15 (Feb 16 low).

Dollar's rebound from 91.60 is corrective in nature, according to Stoyan Mihaylov, Technical analyst at Deltastock.com, who sees the Dollar dropping towards 90.35: Yesterday's corrective phase peaked at 92.60 and the pair broke below 92.04, reaching temporary low at 91.61. Current rebound is corrective in nature, preceding next slide towards 90.35. Crucial on the upside is 92.60.

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