FX.co ★ U.S. Dollar Index (USDX) in Forex Trading

#USDX H4 The index is currently heading north and at least is likely to test the resistance at the level of 101.26. If this resistance is overcome and the price consolidates above, it can continue moving upwards. A proper move away from the resistance towards the south would mean a continuation south towards the support at the level of 100.52. Similarly to the north, if the price overcomes the support, it may continue southward in case the quotes consolidate below the level. Wishing everyone good luck.