I wouldn't go *that* far yet. This week's dollar rally is probably tied to the breakout in the stock market, and it may pull back as soon as the market does.With the normalization of the bond yield curve, recession fears have faded and gold has lost its attractiveness as a safe haven. Investors are back in stocks and cash and likely to stay there for the foreseeable future. This repositioning by investors adds noise to currency markets that may temporarily obscure the effects of the Fed's policies. Once the noise goes away, we'll get a clearer picture of what the dollar's trajectory will be.
In the meantime, the dollar is at a critical resistance node and nearing resistance at 60. The upside prevails as long as it holds its upward . If it approaches the red and the top of the blue , that would be the time to short the dollar or into gold for a scalp as the dollar bounces from the top of the channel.