FOREX TECHNICAL VIDEO:PPI comes in hotter than expected sending the USD higher. What next?

  • A technical look at the EURUSD, USDJPY and GBPUSD to start your trading day

The US PPI data came in stronger than expected and that sent the USD higher in early NY trading. In the US morning forex technical report, I review three of the major currency pairs - the EURUSD, USDJPY and GBPJPY - and outline the bias, risk and target levels as the dollar moves to the upside.

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