DXY short term correction?

If you cannot trade the DXY, a very highly correlated pair is the USDCHF, we are bouncing off the top range of the channel which is about the 0.765 Fibo Level.

Target 1 - bottom of the channel 1.004 area
Target 2 - 0.98000 area
Stop Loss - above recent high 1.017-1.018 area