Dollar struggles to breakout of resistance

The United States Dollar struggles to trade above the resistance region at 102.75 and fell back towards the recent low.

Bearish sentiment for the dollar remains as price continues to trade below the 50 exponential moving average in the 4 hour time-frame.

However, if price were to once again trade above the resistance region at 102.75, price can potentially head higher, towards the 104.085 region.