Euro to dollar chart live: US Dollar Price Action Setups: EUR/USD, USD/JPY and USD/CHF

While short-side USD strategies in EURUSD may be lacking interest because, well, that would require one to be long Euro ; the short-side of USD/CHF may hold some attraction going into tomorrow’s FOMC rate decision. The pair found support at a key Fibonacci level in the waning days of March, and prices have been moving higher in an almost begrudging fashion since. An area of resistance around the parity level came into play on Tuesday, and that’s holding the Q2 highs for now. But, if sellers come back in to show continued respect of this level, particularly if this comes with a lower-high, the door can remain open for short-side strategies, looking for a revisit of the Fibonacci level around .9902.

One thought on “Euro to dollar chart live: US Dollar Price Action Setups: EUR/USD, USD/JPY and USD/CHF”

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