The USD breaks higher

EURUSD breaking key support. GBPUSD, USDJPY tests extremes

The USD is making a run higher.

  • The EURUSD is cracking to new session lows and cracked below a lower channel trend line. Stay below is more bearish.
  • The GBPUSD is testing the earlier session low at 1.3015 and below the 1.3026-41 area. Remember, these were swing levels from November and December of 2017 (see prior post)
  • The USDJPY is testing the earlier day high at 111.73

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