For the moment at least.
I’ve highlighted previously last week and this morning the decent tech and bid support down between 1.6700-10 and we’re holding again after another dip from the 1.6734 highs as the general USD demand continues.
As I keep preaching, no point in getting excited nowadays until ranges/key levels get broken. Just pick your entry/exit points and buy low/sell high. Bids at 1.6700 and offers between 1.6735-45 with stronger interest at 1.6750.
I’m still inherently short from last week’s sell above 1.6800 and fancy a test of 1.6650 again but for now just jobbing the 1.6700-50 range having already trimmed some back on Friday.
USD Daily 14 April