Talking Points:
– EUR/USD trades back to $1.1000 after higher EZ CPI figures.
– USD/JPY fades from ¥121.80 two-month range.
– See the October forex seasonality report that favors US Dollar weakness.
See the above video for technical considerations in EUR/USD, GBP/USD, USD/JPY, AUD/USD, and the USDOLLAR Index, as well as in EUR/AUD, and EUR/GBP.
Read more: EUR/USD Bear Flag in Play Now that FOMC Eyes December
— Written by Christopher Vecchio, Currency Strategist
To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com
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Source: Daily fx
