Entry at 1.1074 area
Take at 1.1860—1.2060 area
Then we trade accordingly. Noting key levels and looking for extremes of sentiment and agreement of the 'crowd'.
The dollar is in part oil, and against the euro and yen, it's policy divergence. So, broadly making a dollar index chart and speculating on it is a bit futile in my opinion. Different dollar elements might do dissimilar things quite often.
Gorbie's chart makes sense from a technical standpoint, and aligns this bottom with a sentiment extreme in the euro. It's viable to look for longs in this overextended move.