| A look at some of major currency pairs near the start of the US session. In the morning forex technical report: - The EURUSD is trading higher and in the process moving away from its 200 day moving average and testing its 50% midpoint of the 2022 trading range at 1.05155. - The USDJPY move below a key target at the 38.2% retracement of the move up from the 2022 low at 137.24. Sellers push lower after the break. - The GBPUSD has moved above its 200 day moving average at 1.21529. A close above would be the first since September 2021. - The USDCHF moved down toward key swing area support. A break would be more bearish for the USDCHF. If you like the report, please give it a thumbs up. Thank you. |
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