TECHNICAL ANALYSIS

The dollar remains more mixed so far on the session


The greenback eases against the euro and the pound but keeps gains against the aussie and the kiwi on the session

The dollar fell to its daily lows against the euro and the pound, but still maintains its lead against the aussie and kiwi currently.

Of note, GBP / USD rebounded from a low of 1.2920 to challenge its 200 hour moving average as it hit a session high of 1.2979. That said, a key resistance closer to 1.3000 is still the point to watch in case the buyers try to push for more upside momentum.

GBP / USD S1 20-10

Meanwhile, EUR / USD rose from 1.1770 to 1.1790 as buyers start to take another look at the 1.1800 handle. This remains the key level to be broken as the pair has rebounded around 1.1700 and 1.1800 for most of this month.

EUR / USD S1 20-10

Further resistance is then seen at the October 9 high at 1.1831.

As for the AUD / USD, the price is still trading around the three week lows around 0.7040 while the NZD / USD is also holding at 0.6570, trading below its moving average. 100 days @ 0.6585.

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