Price on USD Index from 99.19 broke out of a downward channel so it appears that price can be turning back to bullish mode. As such, resumption higher can unfold in impulsive manner over the next few days maybe even weeks.
At the moment we see price sideways so it’s a black wave 2. As such we could be in for more gains, especially as we think that market may continue up into a strong third wave.
USD Index, 4H
