The Dollar Isn't Dead!; Yet
The dollar still has some life left amidst the rate hike from the Fed. Rates will continue to rise and I am sure the dollar will take a dive some time in 2023, perhaps following first quarter. For now, the dollar shows strength as it regained momentum from its recent losses. Whether price will rise back up to my resistance shown is yet to be determined but I will be surfing the bullish wave in the mean time. There is a retest at support which is more evident on the 1hr time frame, did you catch it?