The USD has continued to correct higher but the gains are somewhat modest
- EURUSD is moving closer to the key 100 day MA at 1.08034. That will be a key barometer for both buyers and sellers going forward.
- USDJPY is through the 200-hour MA at 156.395 now but is now testing the 100 hour MA at 156.669.
- GBPUSD is chipping away at support targets. The price is testing as swing area 1.2793 and 1.28024
- USDCHF is moving closer to a cluster of MA resistance between 0.8946 to 0.8951.
This article was written by Greg Michalowski at www.forexlive.com.
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