The USD is moving lower. How has the technicals helped in that decline?

The USD has reversed back to the downside versus the major currencies. In this updated technical look, I outline how the technicals have helped to reverse the markets, and in some cases reverse the gains turning the buys back to the downside for the greenback, and for others, move to the target support/resistance.In this video, I take a detailed view of the:EURUSD. :017GBPUSD. 1:47USDJPY 2:39USDCHF 3:46 AUDUSD. 4:59 This article was written by Greg Michalowski at www.forexlive.com.

May 17, 2024 - 21:30
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The USD is moving lower. How has the technicals helped in that decline?

The USD has reversed back to the downside versus the major currencies.

In this updated technical look, I outline how the technicals have helped to reverse the markets, and in some cases reverse the gains turning the buys back to the downside for the greenback, and for others, move to the target support/resistance.

In this video, I take a detailed view of the:

  • EURUSD. :017
  • GBPUSD. 1:47
  • USDJPY 2:39
  • USDCHF 3:46
  • AUDUSD. 4:59
This article was written by Greg Michalowski at www.forexlive.com.
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