Is the dollar due for a correction?

Of course we wouldn’t ask the question if we didn’t believe the chances are good. But, the major caveat is the same we’ve shared before—in a fundamentally-driven market (or major event-driven) the technical analysis takes a back seat. So, we do our technical work, but keep in mind this is a market of breakout trades lately i.e. no matter oversold or overbought sell or buy the breakout has worked.