152.0 key horizontal resistance kept absorbing bullish pressure for almost 2 years.
This week, with the release of CPI data, that structure was broken and the market set a new very important higher high.
The next historical structure that we can find is based on the price action in 1990th.
159.0 - 160.0 resistance cluster is the next, closest key resistance. A recent bullish breakout opens a potential for a further bullish continuation to that psychological structure.
Thank you Vasily, i think only retails will sell the dollars now. USD should definitely continue outperfoming especially with fed next meeting dealing with hot CPI, PPI and NFP!