What are the technicals telling traders for EURUSD, USDJPY & GBPUSD to start US trading?

  • The EURUSD is holding above October lows. The USDJPY made a break for it higher and the GBPUSD is making a break for it, but to the downside for that pair. What are the key levels to watch and why? I go through it in this video..

The USD is mixed to little changed to start the US trading session. However, given the price action this week, the EURUSD is holding onto some key support. The USDJPY is making a break to the topside putting the buyers in firm control, and the GBPUSD is breaking to the downside, opening the door to more downside potential technically.

What levels are key in defining risk, the bias and the targets for those three pairs? I will outline them in the video, so take a look and be prepared.

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