Todays outlook on the USD Index

Daily chart

Trend is BEARISH. Price is currently at a lower low, Im forecasting the lower high to be at 98.40. This therefore means Im expecting the Index to rise up to 98.40 or the resistance zone near 98.40 marked in pink before it continues its decline.

H4 chart

Price lined up a reversal pattern broke resistance and is currently on the test as support. From here on Im expecting price to rise to 98.40

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