USD correcting early Asia
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USD correcting early AsiaFITITOL–>FXstreet.com (Buenos Aires) – Dollar is winning some ground against major rivals early Asia, in a corrective movement do to over sold conditions reached past Friday. Oil futures are up with oil up 15 cents from past Friday, yet gold is falling a bit still above 975. Gbp seems to have a nice resistance around 1.6200 and bounce could extend close to 1.6120, 20 SMA in the hourly chart. Euro holds just above 1.4100, and if breaks under, 1.4030 is the target zone to consider. Japanese yen is holding above 95.30 and pointing for a retest of the 96.00 zone.
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