The Dollar is looking strong verses the Yen and looks to be forming a bull flag that could move to the upside with a target of a previous resistance level of 99.00. A bull flag is a chart pattern that indicates price action will probably move higher. When trading is is extremely helpful to learn the chart patterns to help guide you in your trades.
Initial resistance is now at 98.57 (61.8% retrace 99.68 to 93.55) followed by 98.97 (76.4% retrace 99.68 to 93.55).
If we look at support levels we see that initial support is located at 95.43 (Mar 23 low) followed by 95.67 (Mar 12 low)
