The dollar index is still trying to find some direction in the market after the surprising strong NFP report from last Friday. As of now, we are in a consolidation phase and trading very tight in the 95.70 and 95.40 range. A break from either of these levels should see the dollar attempt to retest further levels at 95.80 or 95.12. Its important to note that the markets will usually either consolidate ahead of key data points or develop a direction bias going into the data point and so it will be key to see how the dollar trades today and whether or not it will begin to price in the CPI report.