The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.14 percent higher from the open after moving 57 percent of its average true range, and we may see the dollar hold above the 10,000 figure over the next 24-hours of trading as risk sentiment tapers off ahead of the Jackson Hole Economic Symposium.As the recent batch of data coming out of the world’s largest economy instills an improved outlook for growth, the Fed may sound less dovish going forward, and we may see a sharp reversal in the index should the Fed maintain its current policy in September. However, as the USDOLLAR struggles to trade back within the upward trending channel from earlier this month, former trendline support may act as new resistance, and we may see a very choppy reaction to the central bank conference as current traders go offline ahead of the holiday weekend.

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