Can they be broken.

EURUSD

The EURUSD has a topside trend line at the 1.1719 level. The price just moved above but backed off (high reached 1.1723).

USDJPY

The USDJPY just spiked below the 50% at 111.71 on the BOJ headlines, but is back just above that level. The pair moved below the 200 hour MA earlier and cracked the low for the week/38.2% and ran lower.

GBPUSD

The GBPUSD is trading above and below the 100 hour MA. The price is above the 38.2% of the range this week at 1.3085. Stay above both keeps the intraday bulls more in control.

The dollar is down and testing key areas in the majors. Can the squeeze continue or will the buyers of the greenback come in?