Usd Testing Resistance

28 May 2020.

AUD/USD rebound from 0.6565 extends to test resistance area at 0.6660/80. The aussie appreciates 0.6% through the day as market sentiment.

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9 Jun 2020.

The Australian dollar has rallied on Monday, to test the top of the shooting star from Friday.

USD/CAD found itself under pressure as the U.S. dollar lost ground against a borad basket of currencies after.

EUR/USD Near-term Trade Levels Euro updated technical trade levels – Daily & Intraday Charts EUR/USD testing key support.

11 Jun 2020.

USD/CAD managed to get above 1.3500 and tests the resistance at 1.3570.

USD/JPY has started out testing both sides of a critical structure. Bulls are back in the driver’s seat with the mid 107s in.

USD/MXN gains 1.80%, after breaking the 22.50 area. The USD/MXN pair jumped on Thursday from 22.25 to 22.74, r.

16 Jun 2020.

Yesterday, the GBP/USD exchange rate raised to the resistance formed by the 100– and 200-hour SMAs, as well the Fibo 61.80% at 1.2646.

The narrow range of the Malaysian Ringgit continues to be attractive for short term traders. The relatively shallow price range of the USD/MYR provides speculators with an opportunity to enter trades.

Risk appetite for the Brazilian Real has eroded the past few trading days and seen a wave of USD/BRL buyers step up and push the forex pair.

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