Яндекс.Метрика EURUSD moves back to swing area. USDJPY tests topside trend line on daily chart. ⋆ Technologies of the future for life!
Home / Forex Treiding / EURUSD moves back to swing area. USDJPY tests topside trend line on daily chart.

EURUSD moves back to swing area. USDJPY tests topside trend line on daily chart.


  • share

Dollar stronger

The USD is stronger as the EURUSD moves back down to test the swing area at 1.1262-70.  That area held earlier today. This is the 2nd test. Back on November 14 and 15, the area based before moving higher.

For the USDJPY, the pair is testing a topside trend line on the daily at 114.05.

Drilling to the hourly chart, the pair continues to run from the lower trend line (see earlier post)  The next topside trend line comes in at 114.07. Above that, and the highs from November 13 at 114.14 and the November 12 high at 114.20 are targets.

ForexLive

About SkyNET

Leave a Reply

Your email address will not be published. Required fields are marked *