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Continuation in the trend today

USD

No change in this morning's trend, with USD continued upside momentum, unwinding some of the late weakness.

  • The currency test new intraday high against multiple currencies.
Quick MNI tech reminder:
  • EURUSD support 1.2209/04 Low Dec 31 / 20-day EMA
  • Cable support 1.3521 20-day EMA
  • USDJPY resistance 103.90 High Dec 28 and key near-term resistance
  • AUDUSD support 0.7733 Low Jan 6
  • USDCNH resistance 6.4658, 38.2% retracement

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