The Dollar index continues to trade inside the triangle pattern with no clear breakout signal. Trend is neutral. Upward and downward swings within the boundaries are common. Traders should be cautious and patient when the market is in such conditions.
Blue line- support trend line
Important short-term support level is at 94.60. Important short-term resistance level is at 96.25 and next at 97. Price is inside a triangle formation and it seems that we are going to be stuck in this pattern for some more time. The Ichimoku cloud does not provide any clear signal as price is moving sideways.