Dollar index at inflection point

The pennant on the chart is on the verge of a break.
Proceed with caution as one needs to wait for the confirmation yet.
But the price action and the fundamental factors/ economic noise around looks ripe to push this above.

If confirmed, we should see a good rally towards 100 level.
Implications: Commodities will suffer (Read: oil and gold)
Fed hike will be postponed if the move happens to be swift and decisive.