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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD

Mount Equity Group Tokyo Japan > News > Markets > US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD

US Dollar Talking Points:

  • The US Dollar printed a doji last week after running into a key spot of support at 103.82, which was the 2017 high in DXY.
  • EUR/USD started to test a key spot of support today, along with a similar observation in GBP/USD. Commodity currencies have been beset by weakness of late, as illustrated in bullish breakout potential in USD/CAD and bearish breakdown potential in AUD/USD.
  • The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX Education section.

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