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Trade ideas thread - European session 25 May 2023
And so dollar bulls finally got the much needed break this week, as some hawkish Fedspeak yesterday and another drop in equities validated the technical developments from last week. Adding to that now is further breaks lower in AUD/USD and NZD/USD, alongside a trendline break higher in USD/CAD.Here's where we stand now for dollar pairs:EUR/USD dribbles lower, building on the fall below 1.0800 and its 100-day moving averageUSD/JPY moves closer towards a test of the 140.00 markGBP/USD contests sup...
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Posted: May 25 2023, 05:33
Author Name: forexlive
Views: 081466