USD holding near recent lows ahead of the payrolls

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Thursday, the dollar remained on the defensive, especially against the euro. Some additional fall‐out from the soft talk of Fed’s Yellen earlier this week was still at work. Intraday gyrations of the oil price played also a role. EUR/USD moved north of the 1.1376 resistance and closed the session at 1.1380 (from 1.1338 on Wednesday). The loses in USD/JPY were relatively modest. The pair finished the session at 112.57 (from 112.43). This morning, Asian confidence indicators show a mixed

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