Todays outlook on the USD Index
Yesterday the market rallied to last weeks high then immediately found RESISTANCE. Seeing the BEAR market on the daily chart slow down I was planning for a possible break above the high. Since Yesterday US session close price has lined up a reversal pattern on the Index at Resistance. Price lined up a double tops which I see falling to support marked with green rectangle. Im If price does find support at my support zone it will mean we in a short term trading RANGE and it can interest the intra-day traders.