View full page at forexfactory.com

 

USD Price Action Setups: EUR/USD, GBP/USD, USD/JPY

From forex.com

{video} The US Dollar remains in consolidation, although last week may have provided some clues of interest after the pair found support at the 102 handle again, which led to a quick push up to the 103 level, which held as resistance. Price has been pulling back since that 103 test on Friday and the big question here is whether buyers show up to hold support above the prior low around the 102 handle, or whether price sinks down towards the 101 level which was previously the swing-low in late-April and early-May. The 102 level was in-play the week before last, and the driver from last week that pushed price back into ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis