How high can the U.S. Dollar go?

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Australian Dollar

Technicals (December)

Australian Dollar futures continue to trend sideways trapped between 0.64000 and 0.65000. Futures have been in a Bearish trend since August 1 at 0.66400 and would need to rally to 0.65130 to Neutralize the current Bearish Trend. 

Bias: Bearish/Neutral

Previous Session Bias: Bearish/Neutral

Resistance:0.65500**, 0.67630***

Pivot: 0.65130

Support: 0.64000-0.63500**

British Pound

Technicals (December)

The British Pound slides further after the BOE signals ending its interest rate hike cycle. Futures have been in a Bearish trend since August 14 at 1.2678 and would need to rally to 1.2519 to Neutralize the current Bearish Trend. 

Bias: Bearish/Neutral

Previous Session Bias: Bearish/Neutral

Resistance: 1.2519***,1.2680**, 1.3000*** 

Pivot: 1.2252

Support: 1.2150-1.2100*** (New contract lows)

Canadian Dollar

Technicals (December)

Canadian Dollar futures have flipped to a Neutral Trend where a close over 0.74520 would trigger a Bullish trend, or a close below 0.73750 would take futures back to a Bearish trend. The 200 DMA is at 0.74520 and will act as a new pivot point. 

Bias: Neutral

Previous Session Bias: Neutral

Resistance: 0.74520**, 0.76000***

Pivot: 0.74250

Support: 0.73750-0.73000**

Euro Currency

Technicals (December)

The Euro Currency has been in a Bearish trend since August 14 at 1.09700 and would need a close back above 1.08590 to Neutralize the existing trend. The 200 DMA will also act as strong resistance at 1.09485. 

Bias: Bearish/Neutral

Previous Session Bias: Bearish/Neutral

Resistance: 1.08590**, 1.09485**, 1.11000***

Pivot: 1.0800

Support: 1.05750**-1.05500**

Japanese Yen

Technicals (December)

Japanese Yen futures have been in a Bearish trend since August 1 at 0.712650 and would need a close over 0.695000 to Neutralize the existing Bearish trend. 

Bias: Bearish/Neutral

Previous Session Bias: Bearish/Neutral

Resistance: 0.700560**, 0.725000***

Pivot: 0.695000

Support: 0.675000***

Swiss Franc

Technicals (December)

The Swiss Franc has been in a Bearish trend since August 24 at 1.14445 and would be a close over 1.13570 to Neutralize the existing downward trend. 

Bias: Bearish/Neutral

Previous Session Bias: Neutral

Resistance: 1.13570**, 1.14940**, 1.15000***

Pivot: 1.13260 (200 DMA)

Support: 1.09500***

U.S. Dollar

Technicals (December)

The U.S. Dollar continues to push to new contract highs. The U.S. Dollar has been in a Bullish trend since August 11 at 102.33 and only a close under 104.59 would take it back to a Neutral trend. 

Bias: Bullish/Neutral

Previous Session Bias: Bullish/Neutral

Resistance: 106.00-106.50***

Pivot: 104.59

Support: 103.65**, 101.00***

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