EURUSD trades at new session highs. USDJPY, USDCHF trades at new session lows
The dollar confidence is being eroded as stocks remain lower, and countries respond to the steel and aluminum tariffs.
The EURUSD is trading at session highs and moves toward the 100 hour MA and the 50% of the move down from the high today. That area comes in at 1.2254-58. The high so far reached 1.2249
The USDJPY has moved below the low from Monday at 106.369 and moves toward the next swing low from Feb 19 at 106.09. Earlier the trend line was broken at 106.588 with little resistance at the level.
The USDCHF broke below a trend line and is moving toward a flatter trend line and the 50% and 100 hour MA. All those levels come in at 0.9399-0.9406.
