USD Index is recovering for the last 48 hours, but nothing significant yet. We see a bearish price action that can cause a lot more damage ahead, especially if current bounce proves to be corrective. The idea is that USD Index is headed south for a big wave C drop as shown on a daily chart(look below). However, it would be nice to see a daily close below 96.00 to confirm a turn.
USD Index, 4h
USD Index, Daily
