The U.S Dollar is preforming very well against the high-yielding interest rate currencies, after the Feds announced “Operation Twist” to strengthen the U.S economy and fears of the debt crisis in the Eurozone spreading. The U.S Dollar broke 3 major resistance lines and hit the 1.0360 high, falling short of breaking the 1.0370 major resistance line. If the currency pair do break above the 1.0370, it will reverse Wave 2 (short-term trend) from bearish to bullish momentum. Intraday bias remains on the upside, as long as the 0.9910 minor support line is not broken. On the upside, if the 1.0370 major resistance line is broken it will continue the bullish sentiment and target the 1.0670 major resistance line next. On the downside, if the 0.9910 minor support line is broken it will change the bullish bias to bearish sentiment and target the 0.9782 major support line.