The euro and the pound fell slightly against the dollar extending yesterday's fall, while the yen continued to rally as investors are targeting the low yielding currencies. The USDIX that tracks the dollar's strength against a basket of major currencies rose in the Asian session recording a high of 80.54 and a low of 80.40, while it is currently trading around 80.50.

The euro dollar pair is trading between the 1.3650 levels and 1.3600 levels recording a high of 1.3635 and a low of 1.3605, having the union currency trading around 1.3610. The pair failed to breach the 1.3655 level yesterday, and further declines are anticipated today according to momentum indicators on the daily and four hour charts. Today's trading range may be between 1.3670 levels and 1.3525 levels.

Regarding the pound dollar pair, it declined slightly in today's Asian session recording a low of 1.4992 and a high of 1.5042, having the royal currency trading around 1.5015. The pair is having a support at 1.4940 along with a resistance at 1.5175, and the daily stochastic oscillator is supporting the downside.

Finally, the Japanese yen continued to rally against the federal currency and the pair recorded a low of 89.86 and a high of 90.29, while it is currently trading around 90.00. Today's support could be found at 89.30, while the resistance could be found at 90.85, and the pair is trading in the overbought area, according to the daily momentum indicators.