The green Benjamin lost momentum considerably on a daily chart to actually plummet to its lowest level in almost a year as optimism regarding a global recovery continues on being spread to corrode the appeal of the dollar and the yen as refuges, still so far slight correctional movements took place within the US session to empower to some extent the low-yielding currencies; the yen and the dollar.

As a result, the euro-dollar pair plunged slightly due to the present correctional movements and may plummet further according to the one-hour chart stochastic oscillator, having the Union currency trading so far around 1.4557 recording a high of 1.4600 and a low of 1.4464 with a resistance at 1.4572 and a support at 1.4520.

As for the pound-dollar pair, it plunged slightly as well as technical movements strengthened vaguely the green currency against the royal pound that is so far trading at 1.6545 recording a high of 1.6590 and a low of 1.6453 with a resistance at 1.6566 and a support at 1.6519, knowing that the pair may fall more according to the one-hour momentum indicators.

Now, the dollar-yen pair is trading within narrow ranges between a resistance level witnessed at 92.26 and a support level detected at 91.83 as mixed signs are seen within the momentum indicators at several time-scales, having thepair trading so far at 92.06 recording a high of 92.59 and a low of 91.59.