dxy

dxy may or may not consolidate but it is very strong and above all Moving averages and in an up trend (reversed an earlier down trend)
all components of the dollar index are heading south and in a down trend specially EURO and the swedish Krona which acts as an early indicator of the $ direction
the $ flexing its mighty strength and reflects the economic strength of the American economy Vs. other economies of the world ...
best wishes
Nidal Alzubaidi