The US dollar index shows signs of reversal but still above the important short-term support of 98.50. A breakout below this level will open the way towards 97. I am bearish as long as the price is below 100.50.
Blue line - trend line support
The US dollar index has broken the medium-term support blue trend line and is now testing the 4-hour Ichimoku cloud and red upward sloping channel.
The US dollar index is testing daily cloud support. If the day closes inside the Ichimoku cloud, it will be a bearish sign to me. A breakout below the wedge pattern will confirm my bearish view. Target will be seen at 97 at least.