Looking above we can see that YTD, EU may have already established a lower high, visiting the same spot 3 times.
It looks as though it might try to establish a Higher low and trend between the 2 points.
In his interview right after his election President Trump indicated that the Dollar was too strong. Right after that the Greenback started sliding from 108 to 88....huge drop.
In Davos Economic Forum he said he wants to see a Strong Dollar. We now will see Dollar hit all times high...IMO.
Manage your risks, trade with care.