Dollar recovery from 81.10 lows on Friday extended to 82.70 highs on Asian session reaching reaching downtrend resistance line, which if breached, might turn momentum bullish, according to Nicole Elliott, senior technical analyst at Mizuho Corporate Bank. Above trendline resistance and beyond 83.00 the pair might be boosted by a short squeeze, says Elliott: "Jittery close to the apex of a large 'triangle', pushing above trendline resistance and a very thin daily Ichimoku 'cloud'. This might turn momentum bullish with the potential for a short squeeze if prices get above 83.00." Resistance levels, according to Elliott, lie at 82.72,83.00 and 83.22. On the downside support levels are 82.34,82.20 and 81.77.