Homes sales kick the dollar higher

Discussion in 'Technical Analysis' started by ForexLive, May 24, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    The USDJPY and EURUSD sees more dollar strength The much better than expected New Home sales have kicked the USDJPY above the 100 hour MA and 50% retracement level at 109.84. Meanwhile the EURUSD has seen the price extend below the 100 day MA at 1.11598. Both are now support and resistance respectively.

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