The US dollar index is showing triple-top divergence signals as prices has reached new higher highs and stochastic. Important trend support is found at 98.50 where we saw prices performing a big bounce last week.
Red lines - upward sloping wedge
On the weekly chart price is still above the Ichimoku cloud inside the red upward sloping wedge. A break below 98.50 will be a bearish signal as it would push the price towards the weekly cloud support near 96.40 at least. On the other hand, a break above 100 could cause a final push towards 101.50-102 where the megaphone trend-line upper boundary is found.
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