| - The trading week is off and running. - The EURUSD is lower and trading above and below the key parity level. Sellers in control. What might give a short term positive bias in the face of difficult fundamentals - GBPUSD is also suffering largely from the same fundamental down bias. The price got closer to the low for 2022 at 1.1759. Sellers are more in contol, but the price action is confined - USDJPY is up for the 5th day, in an up and down trading day so far - The AUDUSD held support near the 61.8% of the move up from the July low. That has pushed the price back above the 50% and a swing area, but fell short of the 100 hour MA. |
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