Another failed low, only way to interpret this is that were going to try for a new high.
Failed bearish Breakdowns Have Concequences.
I suspect the rise in dollar will be due to the fed raising rates to 10- then 15 then 20% over time.
Once wave 2 of inflation hits there will be no choice, and it will be worse politically than letting stock market crash (which they have been avoiding by keeping rates so low)