Forex pairs to watch as the USD remains the centre of attention!!

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The USD has been edging lower as safe haven buyers are squeezed out although inflation concerns still provide support!!

The action has been based around the USD and the JPY to some extent. I like the look of the USDJPY coming off the highs which could be good for an AUDJPY short off a lower high. The EURUSD may look to hold up off support but it will depend on the USD selling to continue below 102.400. Any safe haven bid back into the USD will trigger some volatility and some potentially good trading opportunities.

USD Index coming off highs

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