The USD is higher in early US trading. For the EURUSD, USDJPY and GBPUSD, the moves have taken the price to target levels. For the EURUSD it is the 200-day MA, for the USDJPY is a key swing area ceiling from February and March, and for the GBPUSD it is its 200-bar MA on the 4-hour chart. The tests of each found willing traders who have leaned.
In this video, I will outline what is next for the pairs from a technical perspective. You don’t want to miss it.
This article was written by Greg Michalowski at www.forexlive.com. Source