Source: Instatrader 4
If we look at the 4 Hour USD Index charts, we can see that they have already made a 123 Pattern (Hoe Pattern). Now the price may hit the Fair Value Gap Threshold at 97.38. It seems that the price can decline first to make a retrachement before growing again to test the Daily SELL Side Liqudity Pool at 97.82 level.
Take intro account this fact most of the time and today bias for USD Index is likely to be bullish.
(Disclaimer)
The material has been provided by InstaForex Company - www.instaforex.com