Todays review on the USD Index

H4 chart

We started the day with price at price action resistance marked with a black line. Price did nothing much today until the the DOLLAR took a hit on the FOMC minutes. Trend is BEARISH however the movement from the past two days has shown less BEARISHNESS. If we drop below previous low it would mean BEARS are back in full control. But until then we observe as price shows less BEARISHNESS.

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