Dollar seemed like will continue to consolidate in the following days. The chart shows the price has reached the support area but there is no strong bullish candlestick yet.
https://www.fxstreet.com/news/forex-today-us-dollar-weakness-set-to-continue-202212071949
I believe this is just a short-term decline in price due to the inflation data and market being in recession worries. This might support dollar continue to rise. https://www.reuters.com/markets/currencies/dollar-slips-recession-fears-cbank-meetings-loom-2022-12-09/
We should await the conclusion of the Fed's monetary policy meeting on Dec 14. In my perspective, it's risky to trade before the Fed's results.
https://www.fxstreet.com/news/forex-today-us-dollar-weakness-set-to-continue-202212071949
I believe this is just a short-term decline in price due to the inflation data and market being in recession worries. This might support dollar continue to rise. https://www.reuters.com/markets/currencies/dollar-slips-recession-fears-cbank-meetings-loom-2022-12-09/
We should await the conclusion of the Fed's monetary policy meeting on Dec 14. In my perspective, it's risky to trade before the Fed's results.