My technical outlook on the USD INdex

H4 chart

After a drop in Price Yesterday price found support where price was strongly resisted last week.Price found supoort at 100.50 where the 55EMA played as dynamic support.A higher low where the 55EMA plays as dynamic support with a overbought stoch suggests that price might do a double tops.

H1 chart

Price did a lower low which will be follwed by lower high. Price opened at DM2, the target for the day is DM4. Even though price did a lower low on this timeframe, the movement on H4 suggest that todays price target may get hit

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