FXstreet.com (Barcelona) - Bearish reaction from 98.35/45 resistance level has extended below 96.60 support level, and advances some pips above 96.00; the hourly chart shows the pair at oversold levels and the Dollar has lost already more than 200 pips from Asian session high at 98.33.

On its way down, next support level could stand at 95.65 level (Mar 12 lows) and below there, 95.45 (Mar 22-23 low). Below here, next support could stand at 94.70 trendline from Jan 121 low at 87.15.

On the upside, above 96.60, next resistance could come 97.80 and 98.33 intraday levels, and above here, 99.00 (Mar 17 high).