The usd has lost a few points after Yellens grilling in the Congress.This gave the speculators a sign of a loss in confidence of the March rate hike by the FED.
The resistance trend line is at 0.7720 and it should fade away to the short term support line at 0.696
Prior to the House of reps testimony the usd gained an edge on the aud with the positive economic releases showing an increase in retail sales and an expansionary economic activity.
The resistance trend line is at 0.7720 and it should fade away to the short term support line at 0.696
Prior to the House of reps testimony the usd gained an edge on the aud with the positive economic releases showing an increase in retail sales and an expansionary economic activity.