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As we can see on the 4 hour chart, the USD Index is in a trending bullish condition. We can see the price is already moving in a 45 degree up slope. For now, as long the price does not break out and close below the 93.18 level, the USDX will likely go up to test the previous resistance at the 94.06 level.
The material has been provided by InstaForex Company - www.instaforex.com