USD Index Technical Analysis – Will the USD Strong Rally Continues?

The USD Index prices are consolidating at the top double bottom pattern in the weekly chart. This current level, it would had been the initial target price for the trade or a first retracement level.

With prices consolidating in this area, support and resistance level could appear before a possible break through. A rally above current levels could bring prices up to the next retracement level of $84.

Are you Bullish or Bearish in the USD?

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