Todays outlook on the USD Index
Last Thursday we had price reach the target of the HnS pattern. I expect price to retrace high before continuing its decline. I expect the retracement to rise up to 96.50 resistance or around that area were it will form a lower high then decline as its on the cards.
Price is lining up a double bottoms. The neckline is still holding. Im forecasting a neckline break n test then a rally in price. The target is 96.50 where will be getting our next lower high on the daily chart. Price might not reach the target today but if price start rallying from here thats my target.