The dollar tumbled through the Asian and European sessions Monday after traders responded to a major Chinese stimulus package. However, technicals prove too strong for the news and aging ranges are pushing the majors closer to major breakouts.
Stories to watch on DailyFX
· A pull back in volatility doesn't curb the breakout potential seen across the market. · See the DailyFX Analysts' top FX setups for the week. What trends have arisen in the daily Analysts picks? Send any comments or questions to jkicklighter@dailyfx.com.