The US Dollar remained quiet in thin trading, with focus on technical analysis for three major currency pairs: EUR/USD, USD/JPY, and AUD/USD.
In the foreign exchange market, the US Dollar saw limited movement as trading volume was low. Traders were closely watching the technical analysis for the EUR/USD, USD/JPY, and AUD/USD pairs.
For the EUR/USD pair, analysts were observing key support and resistance levels to gauge potential price movements. The USD/JPY pair also saw technical analysis being closely monitored, with attention on trend lines and moving averages.
Meanwhile, the AUD/USD pair was also under scrutiny, with traders looking at indicators such as Fibonacci retracement levels and MACD signals to predict market trends.
Overall, the US Dollar remained subdued in thin trading conditions, with traders relying on technical analysis to guide their trading decisions for the EUR/USD, USD/JPY, and AUD/USD pairs.