The morning forex technical report outlines the levels in play for some of the major pairs

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The morning forex technical report outlines the levels in play for some of the major pairs

<p>The USD is mixed with declines into resistance for the GBP, and gains vs the JPY into new 2022 high territory for the USDJPY.</p><p>The EURUSD is trading in a narrow range with the 100 hour MA above near 0.9740 as resistance and a swing area below with 0.9662 as a key support level below.</p><p>The USDCHF is coiling with close support at the 100 hour MA at 0.9947 as support, and swing area resistance (highs from September) at 0.99647 a level as close resistance to get to and through to keep the buyers in control. The pair awaits the next shove in early NY trading. </p>

                This article was written by Greg Michalowski at forexlive.com.

Source: The morning forex technical report outlines the levels in play for some of the major pairs

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