The Dollar weakened in the final hours of the American Session. U.S. markets are rocketing erasing early losses. Dow Jones now is up almost 1% above 8500 after being in red most of the day. This moves favored European currencies and weakened the Yen.
EUR/USD actual price is 1.3640 or 0.45% above opening price. The pair reached a session low at 1.3587 but the Dollar couldn’t hold below 1.3600. Next resistances are at 1.3650 and 1.3680. Support could be found at 1.3625; 1.3605 and 1.3585.
The pound also rose against the Dollar in the last hours. Recently GBP/USD broke above 1.5265 resistance zone to 1.5285. USD/CHF failed to consolidate above 1.1080 falling to 1.1050 which now is a key support.
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