USDJPY moves back above 100 day MA. EURUSD dips a little
The beat in the Empire Manufacturing has the dollar a little higher.
The USDJPY has moved back above its 100 day MA at 111.753. The price has been trading above and below that MA line in the London/European session. The low reached 111.646. The high in the London session has extended 111.873 after the release.
In the EURUSD, the price has just dipped back below the 1.1800 level to a low of 1.1795. That level is where the 100 bar MA on the 4-hour chart is found. THe 200 hour MA is lower at 1.17839 currently. The price dipped on one hourly bar below the 200 hour MA, but quickly rebounded.
The GBPUSD just got an extra push lower. There is a report that UK will see Brexit breakdown if EU refuses to compromise. This just out in a Bloomberg article. Technically, the GBPUSD just fell to test the 100 hour MA at 1.32413 (low reached 1.3245).
