Orbex

ORBEX: Dollar Weakness Drives Euro and Yen Higher!

FX:USDJPY   U.S. Dollar / Japanese Yen
In today’s #marketinsights video recording, I talk about EURUSD and USDJPY FX Majors

Both major pairs were affected by incoming trade war flows, following China's rather pessimistic view on proceeding with a phase-1 of a potential trade deal.

Euro could move towards 1.11 round resistance and yen could push the dollar down near the 108 round support.

The above scenarios have validating signals that you can find watching this video!

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice.