Currency Majors Technical Perspective

From fxstreet.com

Wednesday saw dollar correcting lower against major rivals, mostly over the American session, after news more Greek private bond holders are accepting the debt swap deal. At the same times a reputed US news agency published that the FED may be considering more QE, sending dollar in a spike lower against its major rivals, as stocks and commodities jumped higher. The EUR/USD recovery however stalled shy of 1.3170, the 61.8% retracement of the 1.2973/1.3485 broken past Tuesday. US stocks closed the day pretty much unchanged, giving no much clues on direction, like hourly indicators, that hold flat around their midlines. ... (full story)