After significant turmoil associated with the sharp strengthening of the Japanese currency, the dollar is gradually stabilizing and attempting to regain lost ground. This currently appears more like a correction, and it is quite likely that this is indeed the case. However, before the downtrend resumes, the price may rise a bit more. Additionally, it seems that the first part of the decline in the form of a downward impulse has already fully formed. Thus, the current growth can be viewed as a correction, which will continue to develop for some time and may be quite prolonged. Simplistically, the situation is as outlined in the provided chart, but in reality, it may turn out to be complex in its internal structure. Given the current scenario, it is possible to consider entering buy trades at the current market levels with a modest target.

Recommendations: Buy 148.70, SL 148.45, TP 150.50.