Dollar down....
The dollar is running back to the downside.
EURUSD.
The EURUSD has completed a lap and traded above the earlier day high. The pair traded to 1.1908. The swing high from early August was 1.1910. The move higher found more buyers after the move back above the 200 hour MA and trend line (see chart above). The 1.1876 level (low from 2010) as also taken bak on the topside. The buyers took back some control but the 1.1910 needs to be busted.
USDJPY
The USDJPY traded back below the 200 bar MA on the 4-hour chart and the buyers started to turn to sellers. The 109.76-919 is now a support area (see yellow area in the chart above).
USDCAD
The USDCAD has moved below the 100 and 200 hour MAs at 1.2529-40 and dip buyers are getting out. The low from yesterday around the 1.2500 level is the next target.
AUDUSD
The AUDUSD pushed above the 200 hour MA, 200 bar MA on the 4-hour and the 100 hour MA (at 0.7936 - high reached 0.7940). The price backed off between the 200 bar MAs (0.7920-22) and the 100 hour MA. A little breather after the run higher.
