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Currency - March 15, 2018
Volume 2, Issue 4
March 15, 2018
Download PDF Version here
Items of Interest:
- The U.S. Dollar index, DXY, remains in a well defined down trend with the opposite being true for the Euro and GBP.
- The USDJPY is trading below the MFU-2 target of 106.78 which opens risk to the 102.8 area
- After pulling back from the MFU-2 target of 1.30, the CAD looks ready for another leg up. A weekly close above 1.30 will then target 1.33.
- Norwegian Krone remains in a well defined downtrend.