The USD broke the short-term range yesterday and has formed a short-term support ledge on it's way up.
This would suggest the possibility of further upside.
However, with Non-Farm Payrolls out today, it would seem safer to wait until the data has passed before taking any bets on the USD.
This would suggest the possibility of further upside.
However, with Non-Farm Payrolls out today, it would seem safer to wait until the data has passed before taking any bets on the USD.