The euro and the pound declined slightly against the federal currency in today's Asian session, while the yen strengthened. The USDIX that tracks the dollar's strength against a basket of major currencies recorded a high of 79.98 and a low of 79.77, while the index is currently trading around 79.95.
The euro dollar pair is trading between the 1.3800 levels and 1.3710 levels recording a high of 1.3773 and a low of 1.3725, having the union currency trading around 1.3735. The pair couldn't breach the 1.3800 levels last week and it started to fall again targeting the 1.3650 levels, and the four hour momentum indicators are supporting the downside. Today's trading range shall be between 1.3635 levels and 1.3835 levels.
Regarding the pound dollar pair, it recorded a low of 1.5150 and a high of 1.5194, having the royal currency trading around 1.5160. The pair is having a support at 1.4990 along with a resistance at 1.5270, and the pair is expected to show further declines today according to the four hour stochastic oscillator.
Finally, the dollar yen pair recorded a low of 90.54 and a high of 90.79, having the pair trading around 90.60. Today's support could be found at 89.65, while the resistance could be found at 91.20, and the pair is trading in an overbought area according to momentum indicators on the daily scale. Yet, the U.S industrial production is on queue today that may affect the pair on release.