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Dollar moves higher after the much better Chicago PMI — Forex Stock Trade




Dollar moves higher after the much better Chicago PMI




EURUSD moves toward 1.1800.The dollar rose after the much better than expected Chicago PMI.
The EURUSD has just broken the 1.1800 level and is down testing the 100 hour MA at 1.1790.

The USDJPY moved back above the 100 hour MA at 112.37 and tests the top
1fd0
for the day to 112.73. The 112.815-93 is a key level. This area has been a ceiling/floor on the break higher in June/July. This week, there were two tests above, and two fails. Key technical area. Tough nut to crack, but should see stops on a break.



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