The currency pair has dropped significantly in the morning and seems too heavy to be stopped on the short term. USD is going down versus all its rivals as the dollar index is under massive selling pressure. The index could approach and reach the nxt downside target from the 91.91 static support, we’ll see how will react after will hit this level. The 91.91 level represents a crucial support, a valid breakdown will confirm a medium term drop and a USD’s massive depreciation versus all its rivals. The Japanese Yen rallied on the mixed economic data, the Household Spending dropped by 0.2% in the previous month, even if ... (full story)