US Dollar Testing BIG Support as Strait Talks DominateU.S. Dollar Currency IndexTVC:DXYFOREXcomThe US Dollar Index is trading just above pivotal support into the start of the week at the 98.50/69- a region defined by the 200-day moving average, the 38.2% retracement of the year-to-date range, the May low, and the August high-day close (HDC). The focus is on a reaction off this mark. A break / daily close below would expose the yearly open at 98.24 and the March open near 97.87. Initial resistance is eyed with the 38.2% retracement at 99.33 and is backed closely by the January high at 99.49. Note that the upper parallel converges on this level later this week and a breach / close above this slope would be needed to suggest s more significant low is in place. Bottom Line: The US Dollar is trading just above support into the start of the week. From a trading standpoint, rallies should be limited to 99.49 IF price is heading lower on this stretch with a close below the 200DMA needed to fuel the next leg of the decline. -MB