USD at a cross road vs these two pairs
Both the EURUSD....
and the USDCHF....
...are testing their respective 100 hour MAs (blue lines in the charts).
Key test for each pair as buyers of the dollar take it higher in NY afternoon trading. If there is a break, we should see more momentum, as traders shift the bias to the opposite direction.
PS The USDJPY has reached to new day highs and broke above the 38.2% retracement. The price is back below the 38.2% retracement, but trying to push higher and back through the resistance area.
