The dollar continues its pullback off.........>

FOREX: The dollar continues its pullback off yesterday's recovery highs with the

DXY drifting toward 96.25. Bears take comfort with the dollar index failing to

close above the 100-dma (96.54), which puts focus back on the downside and a

return to the 96 level. Below here targets a break of the 200-dma & Mar 20 low

at 95.86/74.

- EURUSD breached its narrow Asia range extending gains to $1.1388. A break of

$1.14 brings the cloud top back into view at $1.1410.

- GBPUSD rallied to $1.3156 and largely consolidates gains, although markets

seemingly waiting for the next Brexit headline for clearer direction.

- NZDUSD remains top of G10 and holds toward the peak of its $0.6874-96 range.

Expect resistance on approach to the $0.69 level, a break opens the Mar 21 high

at $0.6939.