Dollar moves higher and tests some technical targets
Technical Analysis
A look at USDJPY, EURUSD, GBPUSD
The dollar has moved higher and in the process is testing some technical target in the major currency pairs.
EURUSD: The EURUSD is cracking below the 1.17399 level (swing level) and will now look toward the swing area at 1.1713 to 1.1720. The lows today stalled against the high of that extreme area. Key area being approached...
GBPUSD: The GBPUSD is trading to a new day low and tests a lower trend line connecting lows recent 24 hour lows at 1.3049. A break below would have traders looking toward an upward sloping trend line tested yesterday. That trend line comes in at 1.3029 (and moving higher).
