Dollar rally picks up momentum again in enter into US session. In particular EUR/USD has now taken out yesterday’s low at 1.2181 to resume recent fall to 1.2154 support.
As seen in the D heat map, only GBP/USD’s is holding above yesterday’s low for now. NZD, AUD, CHF and CAD are trading as the weakest ones.
Action bias table also shows overwhelming momentum.
Let’s see how far USD can go in a day with no important economic data featured.
