The June Japanese Yen closed up 20 points at .9766 today. Prices closed near mid-range today on short covering. The bears have the overall near term technical advantage.
The June Swiss Franc closed up 26 points at 1.1329 today. Prices closed near mid range. Bulls have the slight near- term technical advantage.
The June Canadian Dollar closed down 4 points at .9052 today. Prices closed nearer the session high and hit a fresh three week low again today. The bulls and bears are on a level near term technical playing field.
The June British Pound closed down 41 points at 1.6774 today. Prices closed nearer the session low and saw profit taking. The bulls still have the solid overall near term technical advantage.
The June U.S. Dollar index closed down 0.065 at 79.930 today. Prices closed nearer the session high today. The greenback bears still have the overall near term technical advantage. However, a bullish double bottom reversal pattern could be forming on the daily bar chart now.
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