USD at a Crossroads, AUD/USD and EUR/USD Probe Resistance

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USD at a Crossroads, AUD/USD and EUR/USD Probe ResistanceAUSTRALIAN DOLLAR / U.S. DOLLARFX_IDC:AUDUSDCityIndexEUR/USD and AUD/USD have benefited from a weaker US dollar, with yen intervention by Japan's Ministry of Finance helping accelerate the greenback's decline. I update my US dollar outlook using the daily and weekly charts, and explain what it could mean for EUR/USD and AUD/USD traders in the near term. MS