The USD is higher in early NY trading. What levels are controlling bias and defining risk

A look at the EURUSD, USDJPY, GBPUSD, USDCHF and USDCAD in a look around the major currencies

Get a jump start on the key technical levels in play and the market bias and risk for traders as well

0:25. EURUSD : The EURUSD tried to extend above the 50% of the September range but was thwarted as German PPI sent the pair back toward the key support at 0.99515
2:34. USDJPY : The USDJPY continues the up and down but is starting the NY session above the 100/200 hour MAs at 143.27 level. THe 143.805 is the next target to get to and through
4;39. GBPUSD: The GBPUSD ran up to test the 100 hour MA but found willing sellers against that key technical level and moved back to the downside.
5:53. USDCHF: The USDCHF held support against its 200 hour MA and is moving back toward the higher 100 day MA
6:59. USDCAD: For the USDCAD, it held support at its 100 hour MA and bounced higher

Overall, the dollar is higher. The technical levels are doing their job and providing traders the opportunity for good trade location.