USD Index Outlook: Bullish Momentum Faces Resistance Recent Price Action The USD Index rallied to a high of 108.485, supported by stronger-than-expected U.S. GDP growth of 3.03% (vs. 2.8% forecast). After reaching this level, the index experienced a slight pullback. Key Levels and Next Targets Immediate resistance is at 108.8, with the next upside target at 110. However, sustained trading above 108 is essential to confirm further bullish momentum. On the downside, a break below 107 would invalidate the uptrend and signal a bearish shift. Buy Opportunity (107.95–108.8) Consider buying near the lower end of the 107.95–108.8 range, with a strict 30-point stop loss and a target at the upper end of the range. Strategy Focus on price reactions at the current levels. While the potential for upside remains, the outlook depends on the USD Index’s ability to maintain strength above 108 in the short term.