USD moves lower after data dump but there are some limits ...Middle East

Not so hot is Pres. Trump tweeted that China violated the trade agreement:

The USD moved lower initially, but is moving modestly higher after the initial move.

USDJPY: The USDJPY moved away from the 100 and 200-hour MA between 144.98 and 143.85. That area will now be resistance on a rebound.

USDCHF: The USDCHF has solid resistance against the 100/200 hour MA and the 50% of the range since April. That area comes between 0.8252 to 0.8257. ON the downside, a swing araa floor comes between 0.8193 to 0.8212. Getting below is more bearish.

This article was written by Greg Michalowski at www.forexlive.com.

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