Despite dollar's retreat after rising to 95.07 yesterday, as a temporary low has been formed last week at 93.42, further consolidation above there is seen with upside bias and breach of aforesaid resistance at 95.07 would bring correction of recent decline towards 95.60/70 b4 prospect of a pullback later.  
  
On the downside, below 93.42 would confirm the fall from this month's high at 97.79 has resumed instead and further weakness to towards 93.09 would follow.