USD index can be recovering in minimum three legs from the lows; we see a completed leg A)/1), followed by a completed setback as B)/2), so current rally from 96.37 swing low can be part of wave C) or 3). In case of wave C) price can reach Fib. ratio of 100.0 (98.0 level) and turn lower, however in case of wave 3) price can target area at Fib. ratio of 161.8 (99.1 level), and turn lower for a temporary pullback as part of a bullish reversal.
USD index, 4h
