Today could be the day for "a correction of the correction" according to FXStreet Live Analysis Room's Anchor Dale Pinkert. He comments that last weeks recovery in S&P and US Dollar Index $DXY now it looks like that bounce needs to correct.
EUR/USD is now flat around 1.1200 after falling from 1.1260 earlier today. the Euro to Dollar exchange rate can recover towards 1.1400. GBP/USD is trading down to 1.5400 where the British Pound lies now.
USD/JPY looks bullish in the short term as the pair found intraday support at 120.85. However, the USD/JPY can pull back after reaching 122.00, 61.8 Fibo sell zone towards 119.00.
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