BREAKOUT. The PPI and claims data send the USD lower.What next? | Forexlive

BREAKOUT!

The USD is breaking to new lows vs the EUR and GBP for the year, and the USDCAD is breaking below its 200 day MA for the first time since August 2022. For the USDJPY, it is making a break below its 200 hour MA. So lots of breaks technically for the major currency pairs.

Learn about it, and what’s next in the morning forex technical report.