The USD index has slowed down recently which was normal as market flows were mostly mixed and sideways around Christmas holidays. However, markets are now open normally till the end of the week, so some volume can be seen in the next few sessions which may cause breakouts in the near term.
On the USD index chart we see slow price move above 102.50 that looks like a correction in wave 4, ideally almost finished. Traders should keep an eye on wave d swing high where break may open room for wave 5 towards 104-104.60.
USD Index, 1H
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