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US Dollar at Make-or-Break Levels versus Euro, British Pound

US Dollar at Make-or-Break Levels versus Euro, British Pound

2013-08-07 15:45:00
David Rodriguez, Head of Product
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Video summary: We've been calling for a Dollar bounce for some days now--particularly against the Japanese Yen. That hasn't worked out unfortunately, but at what point do we do the opposite and call for weakness?

Follow with Quantitative Strategist David Rodriguez as he covers key pivots for the USDJPY, EURUSD, GBPUSD, and Dow Jones FXCM Dollar Index (ticker: USDOLLAR).

The uncertainty surrounding the US Dollar leaves our automated forex trading strategy biases unchanged from Monday's update, and indeed we'll watch the USD's reaction to these key levels before making our next moves.

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