Dollar whips around
The dollar moved higher on the better than expected NFP, then whipped around on the lower earnings.
The EURUSD is trading at the highs for the day and near the high of the yellow area in the hourly chart. The low? Just above the ubiquitous 1.0706 level (low was 1.0707). Staying confined between key levels (see post of key levels to eye here).
The USDJPY rose to 113.437- above the 100 hour MA at 113.17 but below the 200 hour MA at 113.64. The low just stalled at the lower yellow area on the hourly chart (see chart below).
