Todays outlook on the USD Index

Daily chart

Price is at MS1 resistance. This might be the resistance to put more BEARS in the market. Looking at smaller timeframes it is probable that price goes up today as displayed on the H1 chart displayed below. If price goes up we will look for resistance at the price action resistance marked in pink.

H1 chart

Yesterday price lined up a double bottom. Price is currently testing the neckline at support. If this pattern triggers a rally in price we will have to look at price action resistance displayed on the daily chart.

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