Friday, January 27, 2017

Next week brings a handful of events - 3 major central bank meetings; British parliament begins Brexit bill debate on Tue and US payrolls on Fri. Bias remains to buy USD on dip





FX Tech Weekly
by Saktiandi Supaat


FX Research





Next week brings a handful of events - 3 major central bank meetings; British parliament begins Brexit bill debate on Tue and US payrolls on Fri. Bias remains to buy USD on dips. We see a falling wedge on the DXY which is typically a bullish reversal; support at 99 – 99.50 levels is expected to hold . For USDJPY, USDKRW, USDSGD, a close above 114.60, 1170, 1.4260 should see further upside towards 118.70, 1188, 1.4440 levels, respectively...

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