It looks like the DXY
has gained some momentum and this morning and has 'bounced' off the support point around 96.60. Looks like we could be due for a major retracement from yesterday's bearish
momentum. Take the Fibonacci retracement
illustrated to set some intermediate profit targets. A word of caution, however, that all eyes are on the FOMC minutes, so this will determine the action after 2PM.