After few weeks of indecision US Dollar Index gave significant move upwards and broke downtrend (downtrend red line) and maybe made new uptrend (uptrend yellow line) which needs to be confirmed in the future. Bullish sign is that price is above EMA 100 and if it stays that would be more optimistic for US Dollar Index. We could expect new action in price in red zone (103.07-103.172) and if the price broke that zone next stops are red dashe line (104.65) and red line (105.27). On the other hand if we see drop in price then we could expect that green zone (101.94-102.11) could act like support before testing uptrend yellow line.
This is not financial advice and I am not a financial advisor. It is important to do your own research and make your own opinion before getting into any trades or financial investments. You are responsible for all your trades and all win and lose results, so manage your risk according to your financial situation. Don't invest money which you are not ready to lose.