What lies ahead of the mighty Dollar?
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On the Daily Time Frame we can see a retracement into higher time frame fair value zones. On the lower time frame, naturally this created a bearish structure and thus, I am of the technical opinion that we may see a short lived bearish momentum on the Green Back. Currently we are on a bullish pullback within this bearish retracement.
Note
Subsequent to the above analysis, the below analysis is a compliment of same and reflects this Author's opinionNote
As per the above chart analysis, this update further expands on a bullish short-term move on the US Dollar.
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