Forex Morning Briefing
$DXY, $EUR, $JPY, $GBP, $AUD, $CNY
Commentary: USD Undecided But Holding Up Under Pressure. PE
EUR (Euro) at 1.167 trading higher and might try to test 1.1725-45 Tuesday
The US Dollar (.DXY) Index at 94.49 has support at 94.35-20, with chances of new rise towards 95+ in the next couple of weeks, maybe.
USD/JPY at 113.64 remains Bullish. With support at 113.00 have to see whether there will be a clear break past 114.00 now or not.
Sterling (GBP) at 1.3115 dipped to 1.3061 Monday but did not test 1.3000. Look for an overall range of 1.30-32 over the next few sessions with fresh Bullishness.
AUD (Aussie) at 0.7634 may see a rise to 0.77 if 1st support at 0.7600 holds. Or, in case of a break below 0.76, it can dip to 0.75.
USD/CNY at 6.6418 hesitating is rise past 6.65. Let us see if it continues to remain above 6.6250 over the next few sessions.