The below is the daily chart of the USDOLLAR. The greenback has moved above the overhead resistance around the 12,220 level (red shaded horizontal). This is regarded as a bullish sign as overhead resistance often turns into underlying support. The RSI(9) is above 50 and indicative of an underlying bullish momentum.
We note that, the Fed is relatively dovish at this stage. However, there are other factors at play which are driving the bid for the greenback. The strong non-farm employment change and the forecast beating Manufacturing PMI print have helped drive the demand. Moreover, whilst most regions are exhibiting signs of weakness, the US is still strong on a relative basis e.g. the European Commission lowered its growth forecast for the Eurozone in 2019 as did the RBA for Australia. Furthermore, the greenback is also a beneficiary of the US-China trade tensions, which are ongoing.