The DXY seems to be consolidating around the 97.60 level. I'm a bit skeptical about a major breakout without a significant catalyst. The RSI is bullish, but it's not screaming 'overbought' yet. I'm watching to see if it can hold above the 20 SMA.
Update: Just noticed the DXY is struggling to break past the R1 pivot point (97.70). Looks like there's some resistance there. Might be a good short-term sell opportunity if it rejects that level. Just a thought...
