al_dcdemoのブログ

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U.S. dollar gaps lower, as does Turkish lira

Price action in the dollar so far playing out as expected, a small gap lower followed by some strength. USD/TRY, however, gapped the other way, now retracing nearly 50.0% of the November - January downswing. 3.84 - 3.85 is the resistance. A reversion to 3.775 is possible in the near term.
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EURo starts the week sideways

Monday morning snooze fest turned into some U.S. dollar strength after noon, but which was soon followed by a mean reversion move back into the snooze area.
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