Forex Morning Briefing
Commentary: Nothing new. PE
The US Dollar (.DXY) at 93.45 marked a low at 93.12 Thursday but did not test support at 93.25-93.00, that test could happen next week, then after .DXY should move to 94-95 where is will likely be capped.
EUR (Euro) at 1.1804 marked a high at 1.1837 Thursday but did not test resistance. It could still see a move to 1.182, and then 1.185, but again, a test at 94-95 by .DXY implies the single currency testing to 1.17-1.16.
Sterling (GBP) at 1.3516 may hit a range within 1.345 and 1.36, but medium term GBP looks Bearish to me.
Have a terrific week
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