Last hour preparation prior to the big report, I am just reading the short term techincals on H1 charts.
Simply looking at the price movement for the last 6 hours - the overall picture hasn't really changed much since yesterday as there are only small fluctuations in price term.
However, here is the moving trend for the four majors during past hours:
- EUR vs USD: Edging higher and holding above MA support 1.1900
- GBP vs USD: Edging higher and holding above MA support 1.7355
- USD vs CHF: Unchanged but below MA resistance 1.3150
- USD vs JPY: Edging lower and below MA resistance 1.1840
Is the market poising for a dollar retreat? I can only guess...
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