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USD: Finding a broader bid

USD
USBulletMarketsForeign Exchange BulletsNorth America
  • A broader bid is going through the Dollar, printing an intraday high against the Pound, AUD, CAD, CHF, ZAR, and NZD.
  • Market participants will be looking at the AUDUSD and the Psychological 0.6200 level, printed a 0.6199 low on the 19th December, this was also its lowest level since October 2022.
  • A clear break through that area, will open to 0.6170, the 2022 low and lowest level since April 2020.
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  • A broader bid is going through the Dollar, printing an intraday high against the Pound, AUD, CAD, CHF, ZAR, and NZD.
  • Market participants will be looking at the AUDUSD and the Psychological 0.6200 level, printed a 0.6199 low on the 19th December, this was also its lowest level since October 2022.
  • A clear break through that area, will open to 0.6170, the 2022 low and lowest level since April 2020.