Talking Points:
– USDOLLAR Index struggling at post-FOMC low, daily 34-EMA.
– USDJPY wipes out below 119.25, contrary to March seasonality.
– See the March forex seasonality report for trends in the QE-era.
See the above video for technical considerations in EURUSD, GBPUSD, USDJPY, GBPJPY, EURJPY, and AUDUSD.
Read more: Important Few Days Ahead as USD Eyes Key Technical Levels
— Written by Christopher Vecchio, Currency Strategist
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Source: Daily fx