FXstreet.com (Barcelona) - Rejection at 98.50 level has brought the Dollar down to hit next support level at 98.00, to bounce up despite the worst U.S. GDP decline in the last 26 years.

At the moment of writing, the Dollar advances back towards resistance level at 98.40/55. Successful move above there could open the doors towards 98.85/99 (Mar 17 high) if the Dollar jumps above here, 99.70 (Mar 5 high) will be on sight.

On the downside, support levels remain at 98.00, intra-day level around 97.50, and below there 97.00/96.85. Once below here, next support lies at 96.55.