USD INDEX - Taking a Breath
After new highs last week at 97.50, the Dollar takes a pause, coming back to the 96.00, immediate supply zone.
Above 96.00, the immediate uptrend remains.
Trading below 96.00 would give a signal of neutralization of the immediate momentum, toward 95.00.
Trading above 95.00, it remains in an uptrend from a global perspective.
Below 95.00, the uptrend is broken.
Here is the context for the immediate trend (next few days)
Future Will Tell... Happy trading!
Edited 02 Feb 2022, 03:09
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