Today’s focus is on the release of the job report, which could impact Fed decisions based on job strength and inflation. The dollar may weaken with poor data, while strong numbers could lead to a recovery.

The market shows a clear decline from December 9, with a possible pause or triangle formation. If the dollar price breaks above 98.40, it may signal an a-b-c structure, potentially leading to a significant decline if 98.53 resistance is retested.

The dollar remains bearish overall, but upcoming events may trigger a retest of higher resistance levels before any major decline.

Read more at Investing.com: US Dollar Maintains a Bearish Structure Ahead of NFP