The updated chart of the USD Index shows us that the pair is trading at the start of red Wave 5) of 3, and can face a minimum three wave corrective reversal after blue Wave 3-circled finds a top. Afterwards a temporary correction should follow within the upcoming Wave 4-circled to around the upper corrective channel line.

USD Index, daily

On the 4-hour chart of USD Index we are looking at a three-wave correction in Wave 4) unfolding as a potential double zig-zag pattern. If so, then a final push lower is now here, which may find a low near at 100-100.60 area. An impulsive bounce from here and out of a downward channel would confirm a reversal.

USD Index, 4-hour