Technical Analysis
The dollar index is moving as expected, and having broken through the horizontal level, it is likely to continue toward the 91.3 level for another bout of dollar weakness today.
Regarding the Canadian yen mentioned in Monday's article, it has rebounded firmly at the horizontal level and has currently extended by about 180 pips.
With the central channel line and the horizontal line overlapping near the 90 yen level, we have reached a point where some profit-taking and securing gains should be considered to some extent.
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