The dollar traded in a narrow range versus its counterparts during today's session, and it declined slightly against the common currency and the pound. On the other hand, Chinese stock markets increased for today's trading session to make up for yesterday's losses, pushing investors to prefer buying risky assets over the dollar.
The euro/dollar pair rose during the first half of Asian session, and now the pair trades around the 1.3496 level, after recording the highest at 1.3513 and the lowest at 1.3448, where the pair faces a resistance at 1.3490. The daily momentum indicators show the pair in an overbought area, which limits the chances for an incline during today's trading session.
The pound declined against the US dollar during the Asian session, where the pair now trades around the 1.3496 level, after recording a high of 1.3513 and a low of 1.5882, and the pair faces a support at 1.5860. The daily and four hours momentum indicators give selling signs, which support the pair's downside movement during today's session.
The yen/dollar pair declined, and now the pair trades around the 82.93 level, recording a high of 83.08 and a low of 82.85, the pair faces a support at 81.80, while the daily and four hours momentum show the pair in overbought area.