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Another positive start for the Dollar

USD
  • It's another positive start for the Dollar, with the Greenback in the green across the majors, only the Yen is showing that it is up 0.12% in early trade, but this doesn't portrait the bigger picture, with the Yen down 1.72% for the past 5 days.
  • USDJPY faded just ahead of 151.91/95 High Nov 13 / High Oct 1 ‘22 and major resistance, printed a 151.86 high overnight and now sits closer to its mid range.
  • Worst performer is the AUD, with the move totally led by the weakness in the Yuan, as the latter came under pressure on Earning concerns and potential US Legislation risks.
  • Immediate support in AUDUSD comes at 0.6504, this week's low.

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