The DXY is currently dancing with the 200-day MA resistance rate of 103.46 after its strong start to the year. The dollar index is however nearing the overbought zone on the RSI but it still has room to move higher depending on the strength of the 200-day MA resistance. It will be a very interesting week given the interest rate decisions from the European Central Bank, the Bank of Japan and the Bank of Canada so expect a high degree of volatility for the greenback. Zooming out the dollar remains in a downtrend since September 2022.