US dollar dips after weaker Michigan consumer sentiment

USDJPY moves to new session lows

The dollar has moved lower after weaker Michigan consumer sentiment

EURUSD

The EURUSD has moved to new session highs, and in the process moved above the 1.1661 level (August swing low and 38.2% of the move down from October 26th high). The pair is testing the October 6th swing low and also getting closer to the neckline on the head and shoulder (at 1.1672). A move above that level should see stops

USDJPY

The USDJPY has moved to new session lows and looks toward the 50% retracement of the move up from the October 16th low at 113.187. The low for the week came in at 113.08 yesterday.

GBPUSD

The GBPUSD has moved above the 200 bar MA on the 4-hour chart at 1.32099. The high reached 1.3216. Can it stay above?

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