USD Index Could Reach Higher Levels After Temporary Pullback

USD index made an impressive run higher in the last 24 hours, to the upper side of a trading channel where gains can be limited, but not for long. What we see is wave (iii) at the high so pullback will be wave (iv) that can retrace back to 96.00 area before uptrend will continue. We think that price is headed up to 97.00 area in the next few trading days.

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