The USD is continuing its run to the downside today with the USDJPY and the USDCHF making some of the biggest moves.Last week, Fed Chair Powell paved the way for a cut at the September meeting. Today lower US yields are also helping the dollars move lower.
In this video, I take a look at the technicals that are driving these pairs lower and what is next technically for each.
This article was written by Greg Michalowski at www.forexlive.com.
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