Technical outlook:
The US dollar Index might be ready to form an up Gartley and drop towards 96.40 levels before rallying higher above 98.00 levels. As the 4H chart is displayed, the rally from 95.84 through 97.60 levels had unfolded into 5 waves (impulse). The subsequent wave is 3 waves lower, waves a and b look to be in place (not labelled here). If prices remain below 97.59/60 levels, wave c is expected to unfold lower towards 96.40 levels. Immediate resistance is seen at 97.60 followed by 97.90 levels. Support is at 95.84 levels and only a break below may indicate that a major correction is underway. Another short opportunity is seen with a risk just above 97.60 levels as the above counter trend drop unfolds.
Trading plan:
Short now @ 97.30, stop above 97.60, target is 96.40
Good luck!
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