Here comes the profit taking

USD/JPY coming off the highs near 102 to 101.50.

We’ll get our first taste of where the dip buyers are at least.

The first slide met support at 101.70 and 101.50 is holding for now.

It’s now going to depend on how much money from the move up comes off the table.

Dollar reversal in EUR and GBP as they both come off the lows.

EUR/USD up to 1.2967

GBP/USD 1.5341

AUD/USD back up through 1.000.

Don’t chase this one folks. The market hasn’t come all this way to give it back up on a Friday afternoon.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access