The US Dollar Index remains below the important trend-line resistance at 96.40 in the short term and at 97.80 in the long term. The price is moving right below important short-term resistance, so bulls need to be very cautious amid a possible pullback towards 94.50, which can take place.
The US Dollar Index is above the Ichimoku cloud in the 4-hour chart but below the green trend-line resistnace. A break above 96.50 will be a bullish sign that could bring the price towards 97.50-98. Rejection here will push the price towards cloud support near 95.75.
Green line - support
The US Dollar Index remains below the weekly kijun-sen (yellow Ichimoku indicator). This implies that bears have increased chances to stay in the trend and push prices towards at least 94.
