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Another round of lows for the Dollar

USD

Another round of broader lows for the Dollar, lower Yields have been supportive of the Risk On tone, in turn keeping the lid on the USD.The Greenback tests lows against the EUR, GBP, SEK, SGD, AUD.

  • The Emini look to test 5272.50, Friday's high, but the index needs a test to 5301.25 to reverse last Thursday's late sell off.
  • Immediate resistance in EURUSD is right here at 1.0877 High Apr 04.
  • Resistance in Cable comes at 1.2717 50.0% retracement of the Mar 8 - Apr 1 bear leg.
  • AUDUSD targets 0.6635 High Mar 21 next.

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