FXstreet.com (Barcelona) -Friday's corrective move bottomed at 96.55, and the Dollar has been able to recover and push up towards resistance level at 98.50, after a rather quiet Asian session.

The first important corrective reversal has not broken 96.70 retracement level (23.6% of the Jan - Mar 09 rally), and the pair has gained almost 200 pips ever since to test 98.50 resistance line at the moment of writing.

Above here, next resistance line comes at 98.95, and once above here, the pair will have to break three-months high at 99.68. On the downside, next support level comes at 97.70, and below here 96.70/80 and 95.50, before Jan 6 high at 94.64.