The Dollar index is showing signs of a short-term top but sellers are yet not strong enough to push price below 95. Only then we will have a reversal confirmation.
Price has broken out of the bullish channel and a pull back is now expected. Price is above the Kumo (cloud) and this implies that trend remains bullish for the medium-term despite any short-term weakness. Next support is at 94.30. Resistance is at 95.50 and if broken we should expect the index to move towards 96-96.20.