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Broader base USD selling

USD

USD continue to see better offers, helping EUR extend at initial resistance 1.2110.

  • Cable is also testing session high, with the Pound benefiting from a drop in Covid cases and the vaccination pace outlook of late
  • GBPUSD test MNI tech resistance here at 1.3986 High Feb 18.
  • Above the latter opens to 1.3998 High Apr 26, 2018
  • AUDUSD is testing next resistance at 0.7805 High Feb 16, with AUD best performing currency versus the USD in G10, following Westpac revising its Australian yield forecasts higher
  • A break through 0.7805, opens to 0.7820 High Jan 6 and the bull trigger

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