The US dollar is on a tear to the upside. The major currency pairs are all trading at extremes.EURUSD. The EURUSD is down testing the lows from last week at 1.1688. The price has moved below the 1.1711 level which was swing high from August 2015. That is now risk for short.
USDJPY. The USDJPY has raced above its 100 bar MA on the 4-hour at 110.50 and moves toward the next upside target ag. The 38.2% of the move down from the July 10 high at 110.92.. The high from August is 111.04. The 100 day MA…
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