Dow Jones Industrials (.DJIA) correlation suggests strength for Dollar in very short-term. With Dow showing signs of sell off from historic congestion zone of 12300 ranges, most of the majors showed signs of yielding against the USD. Dow Jones Industrials would continue to guide the Dollar Index (DX); any signs of the Dow peaking would post short-term bottom in USD.
FX Pair Support 2 Support 1 Resistance 1 Resistance 2
EURUSD 1.3462 1.3540 1.3638 1.3680
GBPUSD 1.6086 1.6170 1.6260 1.6300
USDCHF 0.9300 0.9390 0.9494 0.9525
USDJPY 82.60 82.93 83.35 84.09
EURJPY 111.40 112.74 113.52 114.21
AUDUSD 0.9909 0.9967 1.0081 1.0207
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