DXY could become bullish after CPI

USD broke out of the downward sloping line and is consolidating above it (bullish). I don’t see a reason for not visiting 105 if we get a disappointment on CPI today.
Alternatively, we could retest the descending line, but eventually I am expecting the USD to get to 105 anyway.

Comment:

Target 105 reached! Expect consolidation here and then a possible run to 108.