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Published on 19 Jan 2017
The
U.S. Dollar made a modest recovery yesterday, particularly against the
Canadian Dollar, which may have made a long-term low price.
The EUR / USD currency pair is back below the 1.07 level, but the medium-term market pattern still looks weakly bullish.
The
USD / JPY currency pair has recovered to trade above the former
resistance level of 114.39, but the bearish pattern is not broken yet.
The
GBP / USD currency pair sold off from its highs quite strongly, but is
still looking short-term bullish and up over 3 months.
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