FX.co ★ Trend against the dollar was continued

The trend against the dollar was continued.

Morning review.

By Tuesday morning, there were notable events in the foreign exchange market:

EUR / USD rate jerked over the zone of 1.1490 - 1.1500 and reached the level of 1.1537.

AUD / USD rate flew the figure upward and marked above 0.7900 (look at the picture on AUDUSD - it's beautiful, right?).

USD / CHF rate was difficult, but punctured down to 0.9600.

The pound rose again to around 1.3100.

So, the general trend against the dollar has developed.

The market is waiting for a support from the ECB on Thursday. If the head of the ECB Draghi will give an excuse to expect the ECB policy to turn away from ultra-soft, the movement against the dollar will receive a new impetus.

ECB meeting on Thursday.

We are in the purchase of EUR / USD from 1.1460 and 1.1490. The target is still 1.1580.