Todays outlook on the USD Index
Trend is BEARISH. Price seems to be lining up a reversal pattern. If price price breaks above neckline(marked with pink horizontal line) Im expecting a test back as support then a price rally, a rally possibly to fib retracements zones or even a complete change in trend. Today Im expecting the Index to push up closer to the neckline.
Im looking at price breaking resistance, testing as support then pushing straight up top Fridays high