The green currency extended its decline against the Japanese yen in today's Asian session, after reaching 93.15 levels that was the highest in December. On the other hand, the pound also fell slightly against its American counterpart, while the euro is consolidating. The USDIX recorded a high of 77.43 and a low of 77.28 and it currently trading around 77.34.
The euro dollar pair is consolidating between 1.4450 and 1.4400 recording a high of 1.4442 and a low of 1.4405, having the 16 nation's currency trading around 1.4435. The pair is in an attempt to breach the resistance level of 1.4460 from where it shall climb further to the 1.4540, and the stochastic oscillator on the daily charts is supporting the upside. However, the pair is having a support at 1.4375.
Regarding the pound dollar pair, it fell slightly to record a low of 1.6065 and a high of 1.6136, having the British currency trading around 1.6115. The pair is heading towards the 1.5900 levels on the medium term and it is having a strong support at 1.6010, and if it broke the support, the pair will target 1.5900. However, the pair is trading in an overbought area according to the daily stochastic oscillator.
Finally, the dollar continued to drop against the Japanese yen recording a low of 91.62 and a high of 92.51, and the pair is currently trading around 91.80. The pair is having a support at 91.20 along with a resistance at 92.20, and if the support was breached, we may see the pair falling back to the 90.30 levels. Yet, fundamentals concerning factory orders and homes ales in the U.S will be released today and it tend to move the market on release.