Yesterday managed to follow my outlook for dollar gains. Some pairs are looking good for a reversal lower in the dollar but others may hang around for a while and later catch up before slipping lower… For one pair, USD/JPY appears to need a modest pullback lower before it can resume the upside – maybe even a complex correction…
As for the other pairs, EUR/USD still needs a minor follow-through higher in the dollar before reversing, equally in USD/CHF, GBP/USD and AUD/USD.
This should see a dollar pullback into the European and U.S. sessions to see the week out.
It looks like a relatively slow day as far as I can see…