October 04, 2024 13:02 GMT
USD: Broader upside continuation for the Dollar
USD
The Yen is the worst performer now in G10 against the Greenback, no surprises given the big moves in Yield.
The Dollar is still extending broader highs versus the EUR, GBP, HKD, PLN, SGD, NOK, SEK, CAD, CNH.
QUICK TECH:
- Next resistance in USDJPY is at 149.39 High Aug 15 and a reversal trigger.
- Support in the EURUSD comes at 1.0940 61.8% retracement of the Aug 1 - 26 bull leg.
- Cable is seen at 1.3049 50.0% retracement of the Aug 8 - Sep 25 bull leg.
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