USDSEK trying to build a base

On occasion I will look at the USDSEK to see what its is doing, and sometimes I may even take a trade. Currently, I have found that the USDSEK has been trying to build a base near the 8.6000 level which is also close to the 161% extension of the post COVID move. RSI is mid range and it looks like just above the 8.8000 level is key resistance. A break above may signal that the USD bounce may commence against other USD pairs since the USDSEK is also included in the DXY (Dollar index) as well.