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ForexLive 08/13/2020 09:14
What's weighing on the dollar today. Downbeat comments. from a number of Fed officials and the impasse in the US government around. additional stimulus, have been playing their part to weigh on the US Dollar on. Thursday. Still risk correlated FX has been less inclined to be making any big. moves, with these same stories somewhat offsetting the Dollar outflow.
ForexLive 08/13/2020 09:14
Yesterday's high becomes today's resistance. The USDJPY has traded lower and back higher in an up and down session. Looking at the 4 hour chart, the move to the downside did break below a cluster of support defined by the 200 hour moving average at 106.60, the 61.8% retracement at 106.638 and a swing area at 106.629 to 106.705.

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