
Michigan Consumer Sentiment (Mar) has jumped to 93.0 , above expectations 92.0 . This development has mixed up things and likely to bring sideways market , let’s see market impact over major currencies :
EURUSD : A consolidation below the key resistance 1.0905 is likely …..
GBPUSD : A consolidation above the 1.495 levels is likely , any decline should be followed by another rise ….
USDJPY : Sideways market with bearish bias within 118.00/119.58 range …
USD-INDEX : The pair is hovering around the key resistance 97.70 , a rejection is likely towards 96.60 levels ..