On the updated count of USD Index, we can see that price made a sharp reversal lower at the end of the previous week. As such we believe this complex corrective wave 4) is still unfolding, now in final stages of wave Y. That said support may come in play around the 99.50 level, where the former wave 4 is located. A rally above the upper corrective channel line would indicate this correction being over and more upside to follow.
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USD Index, 4H