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EURUSD test MNI tech support

DOLLAR

USD extends gains, with broader base buying, and the Greenback is performing best against the Pound in G10 FX, up 0.34%

  • DXY is hovering at the high of the day, pushing EURUSD lower (most weighted on the index).
  • EURUSD is through MNI tech initial support at 1.1884 Low Aug 31. Below the latter, sees 1.1819 20-day EMA.
  • USD is printing high of the day despite much better buying in equities, against CHF, NOK, SEK, PLN, CZK and INR

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