USD rises with the EURUSD eyeing key MA level; USDJPY test 200 hour MA.

The USD has continued to correct higher but the gains are somewhat modest

• EURUSD is moving closer to the key 100 day MA at 1.08034. That will be a key barometer for both buyers and sellers going forward.

• USDJPY is through the 200-hour MA at 156.395 now but is now testing the 100 hour MA at 156.669.

• GBPUSD is chipping away at support targets. The price is testing as swing area 1.2793 and 1.28024

• USDCHF is moving closer to a cluster of MA resistance between 0.8946 to 0.8951.

This article was written by Greg Michalowski at www.forexlive.com.