Looking for a move higher in the USD [Video]

Ian Coleman FXStreet

The single currency basket has highlighted a support level in the USD. Although the move higher is analyzed as being corrective, it could be sustained with a move in DXY towards 96.65.

I reflect this onto the FX majors. The favored pair to play the long USD bias is NZDUSD. I have bespoke resistance and a short BAT formation.

Author

Ian Coleman

FXStreet

Ian started his financial career at the age of 18 working as a Junior Swiss Broker at Godsell Astley and Pearce (London). He quickly moved through the ranks and was Desk Manager at RP Martins at the age of 29.

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