US Dollar Index might be preparing to drop lower from here, at least towards 91.00 mark. It is also possible for the index to find support at 90.75, which is fibonacci 0.618 retracement of the rally between 89.70 and 92.50 levels respectively. The wave structure suggests Wave 1 and 2 are in place around 90.94 and 89.70 levels, and that Wave 3 might be in progress towards 94.50. It remains to be seen it US Dollar Index resumes its rally from 91.00 or 90.70 levels, going forward.
Remain long against 89.20, towards 94.50
Remain long against 89.20, towards 94.50