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Dollar resumes uptrend

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Monday, investors looked out for a potential reaction of global (currency) markets to the terror attacks in Paris. However, the reaction on most markets was modest. Early risk-off weakness in USD/JPY was reversed during the day. The dollar remained well bid further out in the US trading session as US equities extended gains. Weakness in commodities like copper and gold probably supported the dollar as well. EUR/USD closed the session at 1.0686 down from 1.0773. USD/JPY ended the session at

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