Greenback has started the week on weaker footing but it will all come down to the general risk sentiment in the financial markets. If it turns sour with the impending additional tariffs by the U.S on China it could mean risk inflows into the reserve currency. Let’s look into the USD Majors & how they stand right now.
EUR/USD (MT Neutral, ST Bulish)
GBP/USD (MT Neutral, ST Bulish)
USD/JPY (MT Neutral, ST Bulish)
AUD/USD (MT Bearish, ST Bearish)
USD/CAD (MT Bearish, ST Bearish)
USD/CHF (MT Bearish, ST Bearish)
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