USD needs to hold above 108.800 to continue to the upside

The U.S. dollar continues its recovery in today's session from last week's fall from 109.020 and is trying to make its way out of last weeks bottleneck at 108.800. If it breaks at 108.800, then we might see a potential rise to 108.900, 109.020 and 109.220. The pair could pull back to 108.550 and 108.400 if it fails at 108.800.

Support: 108.700, 108.550, and 108.400
Resistance: 108.800, 108.900, 109.020, and 109.220