Once again we’re seeing the dollar bought up as we head into the US session.
USD/JPY is up to 108.80, where we found resistance yesterday and EUR/USD is testing the lows once more with a drop to 1.2826. The low on Monday was 1.2815.
EUR/GBP is keeping cable afloat as it looks to write out new lows.
EUR/GBP Monthly chart 24 09 2014
There’s one hell of a drop if the lower support goes at 0.7694, with the 200 mma the next big support point at 0.7346
