Dollar keeps firmer to start the session
The more defensive risk mood is underpinning the greenbackThe dollar is gaining to fresh highs on the day to start European morning trade, pushing EUR/USD down to 1.2113 and GBP/USD down to 1.3620.
EUR/USD is looking to breach the overnight low of 1.2116 as sellers now seize near-term control on a break below the 200-hour moving average (blue line).
AUD/USD is also now sneaking below its lows yesterday to its lowest level in a week, after having seen sellers establish near-term control in the drop yesterday.
Meanwhile, NZD/USD buyers look to be losing momentum as price cracks below its 100-hour moving average (red line) and now nears a test of its 200-hour moving average (blue line) @ 0.7168 currently.