Dollar moves to the downside. New lows for the USDCHF, USDJPY

David Graham

3 years ago

The USD has taken a move to the downside over the last few minutes.

EURUSD: The EURUSD is testing the 100 hour moving average 1.0181. The 200 hour moving average is a touch higher at 1.01897. Get above both would tilt the bias more in favor of the buyers

EURUSD tests the 100/200 hour MA

USDJPY moves to a new low and looks to test the swing low from June 23 at 134.23. The close risk is now between 134.67 and 134.77.

USDJPY tests the low from June 23

USDCHF:The USDCHF has moved to a new low and looks toward the next the swing area between 0.9520 and 0.95326. The current prices trading at 0.9545. The move lower has cracked below the swing low from early July at 0.9559.

USDCHF moves to a new low area &looks toward the next target