Red line - previous high horizontal resistance
The US Dollar Index is pulling back after being rejected at the previous resistance. I expect the pullback to test the Ichimoku cloud and to move, why not, a bit lower towards the kijun-sen support. I prefer to wait in order to enter a long position when this pullback reached my targets.
Green line -support
The weekly chart remains inside the bullish flag pattern. The price is also above the weekly cloud support. It is testing the weekly kijun-sen resistance and we would probably will see a rejection soon. Breaking above this level will push the price towards the red trend-line resistance near 97.50.
