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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, EUR/JPY, GBP/JPY
Since last week’s webinar we’ve seen quite a bit of change, and while numerous questions around the ceasefire that’s triggered much of that change in markets seems to be in question, the response in the USD has been much more clear cut. As of this webinar the Dollar was down to the ‘s3’ support zone from last week, which is the same resistance that held the highs for the ascending triangle in February, fueling the breakout in early-March on the back of tensions in Iran. From last week’s webinar, the two USD-weakness setups of EUR/USD and GBP/USD have both rallied aggressively, with Sterling outpacing the ... (full story)