Dollar index reaches week highs
The EURUSD, NZDUSD and AUDUSD are reaching new session lows. The GBPUSD has also broken lower on the back of the Indepent poll putting Leaves at 55%/45% (excluding undecideds).
The EURUSD moves further away from the 200 hour MA at the 1.1279 level. The next target is the 50% of the move up from the May 30 low at 1.1256.
The AUDUSD has moved back below the 100 day MA at the 0.7383. The pair closed above that MA last Friday, and remained above it (on a close basis) all week. A move back below is more bearish.
The NZDUSD moves below trend line at 0.7050. (see prior post).
The GBPUSD is below the 50% and the trend line on the daily chart now. The Independent poll is having an impact in a low liquidity market.
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