The US Dollar and Japanese Yen continue to decline for a third day in a row

By @ibtimes on

The greenback has witnessed another declined for a third straight day against its major counterpart the European currency during the Asian session, alongside the Japanese yen that also fell versus its major currencies, comes before a report that will show German exports rose and the U.S. unemployment continues to incline, giving a positive signs for an improvements in global economy.

The euro rose against the dollar during today's Asian session, where the pair now trades around the 1.3645 level, after recording a high of 1.3654 and a low of 1.3611. The pair faces a resistance at 1.3680. The daily momentum indicators show the pair in an oversold area and give buying signs, supporting the pair's upside movement, while four hours momentum indicators show the pair in a natural trend.

The pound rose slightly against the dollar during today's Asian session, where the pair now trades around the 1.6073 level, after recording the highest at 1.6076 and the lowest at 1.6048. The pair faces a resistance at 1.6100. The daily and four hours momentum indicators show the pair near of the oversold area, which limits the chances of an incline.

The dollar/yen pair rose today, where it trades around the 82.42 level, recording a high of 82.49 and a low of 82.24. On the other hand, the pair faces a resistance at 82.60, while the daily and four hours momentum indicators show the pair in an overbought area.

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