The USD jumped as Powell was not as bullish as markets thought he might be. Price has increased 3% since the last rate cut, a similar thing happening to yields.
Price pushed up from on support on 17 October and needs to get past 99.20 and 99.80 to get any real legs. The double bottom at 96.00 is the driver of higher price but we do need move higher quickly if a higher USD is to become a trend.
Breaking down into the short-term trend channel at 97.50 would be bearish with an immediate attempt at breaking the double bottom.