The US Dollar Index is poised to snap a six-day losing streak with DXY attempting to mark an outside-day reversal off support. Is the correction off the highs complete? We’re on the lookout for a breakout of the weekly / monthly opening-ranges here for guidance with today’s post-CPI rally now approaching initial resistance. These are the updated targets and invalidation levels that matter on the USD short-term technical charts. {chart} Technical Outlook: In last month’s US Dollar Short-term Outlook, we noted that that DXY was trading into resistance at the yearly highs with a, “topside breach / close above the March ... (full story)